This Quiz On Business Is Only For Geniuses

Explanation
The statement is true because "FBLA" stands for Future Business Leaders of America, which is an organization that aims to develop leadership skills and prepare students for careers in business. Therefore, it is accurate to refer to the members of this organization as "FBLA" or "Future Business Leaders of America".

Explanation
ARTICLE IV
Dues and Finance
Section 1. Dues. National dues based on fiscal reports by the national office, and on recommendation by the National Executive Council and the Board of Directors, shall be determined by a majority vote of the state voting delegates at the National Leadership Conference. National dues of members shall be forwarded directly to the FBLA national office or shall be submitted through state chapters at the discretion of the state chapter.

Section 2. Annual dues from 1990 through 1993 shall be $5.00. Annual dues from 1994 until reconsidered shall be $6.00.

Section 3. The affairs and property of FBLA shall be managed by the Board of Directors which shall have the powers and duties of a Board of Directors, according to the current D.C. Code.

Section 4. The Association President and Chief Executive Officer shall administer all FBLA finances, submit an annual budget to the Board of Directors for approval, and provide the Board of Directors and members with an annual audit.

Section 5. The fiscal year of the Future Business Leaders of America shall be July 1 through June 30.

Explanation
6.00 change as of 1994

Explanation
Section 1. FBLA shall be an association of state and local chapters, each operating in accordance with a charter granted by FBLA-PBL, Inc. Only chapters which have received charters and numbers issued by FBLA-PBL, Inc. and which are currently in good standing, shall be referred to as "Future Business Leaders of America" or "FBLA."

Section 2. The Board of Directors of FBLA-PBL, Inc. shall serve as the policymaking body of this organization and derives its authority from the Articles of Incorporation of FBLA-PBL, Inc. and the laws of the District of Columbia. It may be referred to as the Board of Directors. Members of the Board of Directors shall be nominated by state chairmen and elected by the local FBLA-PBL chapters of their respective regions for three-year terms in accordance with the nominating and voting procedures determined by the Board of Directors.

Section 3. The administration of FBLA shall be vested in the Association President and Chief Executive Officer of FBLA-PBL, Inc.

Section 4. There shall be a National Executive Council which shall make recommendations to the Board of Directors and perform other duties as prescribed in these Bylaws.

Section 5. There shall be five administrative regions. The EASTERN REGION consists of Connecticut, Delaware, District of Columbia, DODDSEUR (Europe), Maine, Maryland, New Hampshire, New Jersey, New York, Ontario, Pennsylvania, Puerto Rico, Rhode Island, Vermont, and Virgin Islands. The SOUTHERN REGION consists of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. The NORTH-CENTRAL REGION consists of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio, and Wisconsin. The MOUNTAIN-PLAINS REGION consists of Colorado, Kansas, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, and Wyoming. The WESTERN REGION consists of Alaska, Arizona, California, Canal Zone, Guam, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, and Washington.

Section 6. State chapter charters shall be issued upon approval of the Board of Directors. A state chapter shall have at least five local chapters will all members holding national membership in FBLA and hold one annual meeting to elect state officers and conduct business in order to qualify for a charter. Each state chapter shall have a state committee composed of professional educators in the areas of business and office occupations.

Section 7. A State Committee Chairman shall be recommended by the Association President and Chief Executive Officer and approved by the Board of Directors.

Section 8. Each local chapter shall have an adviser who shall be a faculty member who is teaching a business or business-related course. A local chapter may have as many special-emphasis groups under the chapter charter as it deems necessary to meet the interests of all students. The local chapter of FBLA shall assume full responsibility for coordinating the program for these interest groups.

Explanation
There are 8 officers one president 5 vice presidents, a sectary and a treasurer, there are 9 total officers but the Parliamentarian is appointed by who scored the highest on the Parliamentary Procedure written test

Explanation
The statement is true because according to the given information, the President, Secretary, and Treasurer will be nominated by a state chapter. This means that these positions will be filled by individuals who are chosen and recommended by a state chapter, indicating that the state chapter has the authority to nominate and select individuals for these roles.

Explanation
The Secretary shall:

1.Keep an accurate record of all business meetings of the National Leadership Conference and the National Executive Council,
2.Supply promptly at least one copy of the minutes and substantiating reports to the FBLA President and the Association President and Chief Executive Officer, and
3.Initiate communication with state officers to promote quality articles for national publications.

Explanation
Under 50 gets 2 voting delegates

50-100 get 3

100+ get 4

Explanation
The statement is false because there does have to be a National Leadership Conference every year. This implies that the conference is a mandatory event that must take place annually.

Explanation
ARTICLE X
Committees
Section 1. Advisory committees to assist in the growth and development of FBLA may be appointed as deemed necessary by the Board of Directors. Recommendations of persons for such appointments shall be requested of state chapters.

Section 2. Local and state chapters may select advisory committees to assist in the growth and development of their respective chapters.

Section 3. The President of FBLA shall, with the approval of the National Executive Council, establish committees, appoint their members for a period not to exceed his/her term in office, and assist these committees in their activities.

Section 4. An Officer Screening Committee, composed of national officers and board members, shall be appointed by the FBLA President in consultation with the Association President and Chief Executive Officer. The Officer Screening Committee shall, after careful consideration of applicants for officers of FBLA, approve candidates for nomination.

Section 5. Committee business may be conducted by mail at the discretion of the Chairman. For adoption, action by mail shall require a majority vote of the members eligible to vote and shall be reported to the committee members not later than the next regular meeting.

Explanation
The official colors of FBLA are blue and gold. This can be inferred from the fact that the other color combinations mentioned in the options are not commonly associated with FBLA. Blue and gold are often used to represent FBLA in their official logos, merchandise, and promotional materials.

Explanation
A 2/3 vote is required to pass amendments. This means that in order for an amendment to be approved, at least two-thirds of the voting members must vote in favor of it. This is a common requirement in many governing bodies and organizations to ensure that any proposed changes have strong support and consensus among the members.