DECA Finance Exam
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DECA Finance Exam
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25 Questions

1. How can lean manufacturing most directly improve the financial status of an organization?
2. Kenneth is easily able to guide the actions of his employees by referring to his budget. This is an example of which function of budgets?
3. Which of the following actions is something a positive person would do:
4. Effective note-taking involves summarizing key concepts in ways that
5. Which of the following situations would most likely indicate the need to adapt to changes in the business environment:
6. Form 10-K is most like
7. Stacie doesn't give in to her impulses of anxiety or anger; instead, she directs and controls her emotions effectively. What component of emotional intelligence does Stacie demonstrate?
8. Companies are required to manage financial information in specific ways to
9. Which of the following has proven to be an effective way to initiate a professional relationship with a vendor:
10. Which of the following is one of the components of a business's cash payments:
11. A business report provides statistical data indicating that the demand for a specific type of product has been increasing between three and six percent over the past several months. This information is useful to companies to
12. Which of the following is most likely to be an unethical risk management activity:
13. A business that makes employee ethics training a priority is more likely to
14. Brix Beauty Salon used a celebrity's name and photograph in a recent newspaper advertisement, even though the celebrity had not given Brix permission to use her name and likeness. What tort did Brix Beauty Salon commit?
15. Financial globalization tends to cause an increase in
16. Cheryl invested $6,000 in the stock market. During year one, her $6,000 grew to $6,600. The year after that, her $6,600 turned into $7,260. Cheryl's monetary gains are the result of
17. A business that has the ability to generate different types of financial reports from a single computer program is using __________ software applications.
18. Lauren must determine which of two furniture suppliers is more cost-effective for her company. What type of cost should she analyze?
19. Which of the following is the most common reason for businesses to search for ways to make their products better and cheaper:
20. Which of the following examples best illustrates the purpose of variance analysis:
21. Organizational culture is influenced by management's values and
22. To guard against intentional ethical violations, such as deliberate financial data tampering, an organization should maintain
23. To reduce the risk of future legal problems, a company might require its business partners to sign a formal
24. A positive effect that productivity has on a business is helping it to
25. You received a check on your birthday for $2,000. If you invest it at an annual rate of 3%, how much will it be worth in a year?

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