Bmt II Cpas Review 5

41 Questions | Total Attempts: 71

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Business Quizzes & Trivia

Questions and Answers
  • 1. 
    What is contained in the opening paragraph of a follow up letter?
    • A. 

      Reason you would be an excellent candidate for the job

    • B. 

      Mention anything you forgot in the interview

    • C. 

      Request an interview

    • D. 

      Thank the interviewer for taking the time to talk with you

  • 2. 
    Which of the following would you file first by using the alphabetic filing system?
    • A. 

      Henry Watson

    • B. 

      William Henry

    • C. 

      William’s Appliance Store

    • D. 

      Jackson Applewhite Furniture

  • 3. 
    What document includes the order of topics to be covered at a meeting and the individuals responsible for each topic?
    • A. 

      schedule

    • B. 

      minutes

    • C. 

      Itinerary

    • D. 

      agenda

  • 4. 
    A list including dates, times, schedules, lodging and method of travel is called a/an:
    • A. 

      Report

    • B. 

      Minutes

    • C. 

      Itinerary

    • D. 

      agenda

  • 5. 
    What is the summary of the events and business conducted during a meeting?
    • A. 

      Minutes

    • B. 

      Itinerary

    • C. 

      Agenda

    • D. 

      Reports

  • 6. 
    Susan is the chairperson for the March of Dimes Committee, she will begin each meeting with a formal declaration that the meeting has officially begun. This declaration is known as the:
    • A. 

      Call to Order

    • B. 

      Salutation

    • C. 

      New Business

    • D. 

      Itinerary

  • 7. 
    A list on the last page of a report of all reference materials used in a report
    • A. 

      Outline

    • B. 

      Bibliography

    • C. 

      Endnotes

    • D. 

      footnotes

  • 8. 
    How should each reference be formatted in a bibliography?
    • A. 

      First line indent

    • B. 

      Hanging indent

    • C. 

      Centered

    • D. 

      Left aligned

  • 9. 
    What is the purpose of a bibliography?
    • A. 

      Provide additional readings on a report

    • B. 

      Provide all publications related to a report topic

    • C. 

      Provide a list of references cited in a report

    • D. 

      Provide a list of all sources related to a report

  • 10. 
    Owner’s equity is known as
    • A. 

      Equipment

    • B. 

      Income

    • C. 

      Liabilities

    • D. 

      Net worth

  • 11. 
    In a business letter, which of the items should be at the very top of the page?
    • A. 

      letterhead

    • B. 

      return address

    • C. 

      Complimentary close

    • D. 

      Date

  • 12. 
    Block format means that
    • A. 

      all paragraphs are indented

    • B. 

      Every line begins at the left margin

    • C. 

      Most lines begin at the left margin

    • D. 

      each line is indented

  • 13. 
    Which of the following letter part comes after the body in a personal business letter?
    • A. 

      Complimentary close

    • B. 

      Enclosure notation

    • C. 

      reference initials

    • D. 

      Writer’s name

  • 14. 
    Which business operation focuses on managing the receiving, moving, and storing of supplies, materials, and finished products?
    • A. 

      Management

    • B. 

      Logistics

    • C. 

      Retailing

    • D. 

      Materials management

  • 15. 
    Which business operation focuses on managing work to be completed, the people who will complete the work, and the resources needed for completing the work?
    • A. 

      Scheduling

    • B. 

      Logistics

    • C. 

      Facilities management

    • D. 

      Safety and security

  • 16. 
    Using processed tomato juice to create canned spaghetti sauce is an example of which form of production?
    • A. 

      Extraction and cultivation

    • B. 

      Manufacturing

    • C. 

      Processing

    • D. 

      Recycling

  • 17. 
    Vera accepts input from her employees annually about the upcoming budget. This is an example of which style of leadership?
    • A. 

      Objective

    • B. 

      Autocratic

    • C. 

      laissez-faire

    • D. 

      Democratic

  • 18. 
    Sony produces millions of electronics to serve international consumers. Which type of manufacturing procedure was performed? 
    • A. 

      Materials processing

    • B. 

      Custom manufacturing

    • C. 

      extraction

    • D. 

      Mass production

  • 19. 
    Jay sells basil plants grown in his garden to several local restaurants. What type of production is performed?
    • A. 

      Extraction and cultivation

    • B. 

      Processing

    • C. 

      Manufacturing

    • D. 

      Mass production

  • 20. 
    John renovated his restaurant to reflect the retro style of 1950. This is an example of which type of business operation? 
    • A. 

      Scheduling

    • B. 

      Safety and security

    • C. 

      Facilities management

    • D. 

      Logistics

  • 21. 
    All of Josh's employees will be trained on operating the new machines. This is an example of which function of management? 
    • A. 

      Controlling

    • B. 

      Implementing

    • C. 

      organizing

    • D. 

      Staffing

  • 22. 
    Nabisco prepares tons of oats to be used for producing granola bars. Which type of manufacturing procedure is performed?
    • A. 

      extraction

    • B. 

      Processing

    • C. 

      Mass production

    • D. 

      Custom manufacturing

  • 23. 
    A perpetual inventory system
    • A. 

      Controls all inventory systems

    • B. 

      Tracks items once a month

    • C. 

      tracks inventory on a continual basis

    • D. 

      Periodically computes inventory levels

  • 24. 
    Which of the following is NOT a factor of production?
    • A. 

      Growth

    • B. 

      Labor

    • C. 

      Land

    • D. 

      Entrepreneurship

  • 25. 
    What is the first step in the decision-making process?
    • A. 

      Identify the choices

    • B. 

      Define the problem

    • C. 

      Evaluate the choices

    • D. 

      act on your choice

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