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DECA Accounting Applications Exam
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DECA Accounting Applications Exam
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25 Questions

1. Which of the following is a reason why businesses coordinate their promotional activities:
2. Launching a brand in other countries requires extensive research into
3. The type of inventory system that a business uses has an effect on the value of __________ that is reported on financial statements.
4. Calculating total revenue and marginal revenue is one way for businesses to determine
5. Calling in sick only if you are truly sick is an example of what type of behavior that builds positive working relationships?
6. What do managers need to develop to conduct an effective staff meeting?
7. Which one of the following speculative risks would most likely increase a business's income:
8. Which of the following has resulted because many workers have entered the country illegally:
9. Some businesses need to select an appropriate channel of distribution because they lack the resources to
10. As a result of conducting a competitive analysis, businesses are often able to determine
11. Which of the following would be used to promote special sales events only to customers who live in a specific location:
12. Why do businesses verify the invoices they receive from creditors?
13. Because taxes are monies that a business owes, they often have a significant impact on the business's
14. When a business develops a chart of accounts, it assigns a __________ to each account.
15. Which of the following is a strategy that a business might use to position an existing product that is losing popularity:
16. If a business has a sales policy of offering discounts to customers for paying invoices within a certain period of time, this policy has an impact on the business's
17. Most businesses require their employees to have at least
18. Using which form of direct advertising is an advantage to marketers because it is inexpensive to execute:
19. A customer made a mistake when placing an order. When the order arrived, the customer complained. How should the employee handle the situation?
20. Why is it important for businesses to include specific time frames when setting marketing goals and objectives?
21. The Clayton Act of 1914 was enacted to resolve legal issues related to
22. A manufacturer paying a substantial fee to a business to get the business to carry the manufacturer's new product is an example of a
23. Calculate the cost of goods sold if a business buys $3,500 worth of office supplies, $236,450 worth of goods to resell, and negotiates a 4.5% discount on the goods to resell.
24. A positive comment from a teacher and a pat on the back from a coach are examples of
25. What is often the role of management in the achievement of quality in a business?

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