Example of an ownership investment

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1. When Jake pays his bills, he must writ check or provide his credit card number on the bills, which he then places in envelopes to mail. To protect himself from identity theft, he should A. put the envelopes in his mailbox for pick up. B. take the envelopes to the post office. C. make sure that he includes his address on the envelope. D. verify that his billing information is correct.

2. Failing to pay credit card bills on time will likely result in A. an increase in credit score. B. no penalties or consequences. C. late fees and interest charges. D. being fired from your job.

3. Which of the following is an example of an ownership investment: A. Money market accounts B. Certificates of deposit (CDs) C. Stocks D. Savings accounts

4. For financial information to be relevant, it must also be A. digital. B. certified by an auditor. C. timely. D. perfect.

5. Information that a business keeps in its accounting records includes its A. goods and services. B. revenues and expenses. C. trends and forecasts. D. market share and profit.

6. Which of the following documents will allow the beneficiary of an estate to avoid probate: A. Will B. Living will C. Living trust D. Power of attorney

7. What is the first step in the staffing process? A. Determining need B. Hiring C. Interviewing D. Recruiting

8. Determine which function of marketing addresses the following question: Is the product packaged appropriately? A. Product/Service management B. Selling C. Marketing-information management D. Pricing

9. Todd needs to develop an overall plan for his business but does not know what type of information to include in the document. Todd logs onto a search engine to quickly locate the information he needs. Which of the following search terms is most likely to provide Todd with desired search results: A. Plan components B. Develop planning document C. Business plan elements D. Business document components

10. Information that has been printed for publication is often more reliable than many Internet sources because A. the information is typically carefully checked for accuracy. B. authors have affiliations with professional organizations. C. published information is current and up to date. D. publishers do not support special interest groups.

Reference no: EM132835314

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