Business Management Quiz: Office Procedures

22 Questions | Total Attempts: 2230

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Business Management Quizzes & Trivia

The Office in a Changing Business World


Questions and Answers
  • 1. 
    A place in which the affairs of a business or an organization are carried out:
    • A. 

      Office

    • B. 

      Corporation

    • C. 

      Intranet

    • D. 

      Internet

  • 2. 
    A seller of goods or services is called a:
    • A. 

      Vendor

    • B. 

      Charter

    • C. 

      Freelancer

    • D. 

      Purchaser

  • 3. 
    Data or facts that have been summarized or organized into a meaningful form is called:
    • A. 

      Information

    • B. 

      Assets

    • C. 

      Revenue

    • D. 

      Research

  • 4. 
    Editing and proofreading is an example of this office activity:
    • A. 

      Processing information

    • B. 

      Creating/analyzing information

    • C. 

      Managing information

    • D. 

      Searching for information

  • 5. 
    Answering telephones is an example of this office activity:
    • A. 

      Communicating information

    • B. 

      Creating/analyzing information

    • C. 

      Managing information

    • D. 

      Processing information

  • 6. 
    A computer network within an organization that is meant for the use of its employees or members is called a(n):
    • A. 

      Intranet

    • B. 

      Internet

    • C. 

      Virtual office

    • D. 

      Nonterritorial workspace

  • 7. 
    The capability to perform work activities away from a traditional office setting:
    • A. 

      Virtual office

    • B. 

      Telecommuter space

    • C. 

      Nonterritorial workspace

    • D. 

      Freelancer

  • 8. 
    A work area that is not assigned to a specific person or task is referred to as a:
    • A. 

      Nonterritorial workspace

    • B. 

      Virtual office

    • C. 

      Freelancer

    • D. 

      Hoteling

  • 9. 
    Assigning temporary office workspace to workers as needed is called:
    • A. 

      Hoteling

    • B. 

      Virtual office

    • C. 

      Freelancing

    • D. 

      Chartering

  • 10. 
    Independent contractors who work for others, usually on a project by project basis are called:
    • A. 

      Freelancer

    • B. 

      Virtual office

    • C. 

      Hoteling

    • D. 

      Assets

  • 11. 
    In the United States, Organizations are grouped into one of three categories EXCEPT this:
    • A. 

      Businesses

    • B. 

      Not for profit entities

    • C. 

      Governmental units

    • D. 

      Franchises

  • 12. 
    A business owned by one individual is a:
    • A. 

      Sole proprietorship

    • B. 

      Corporation

    • C. 

      Franchise

    • D. 

      Partnership

  • 13. 
    A written grant of rights from a government is called a:
    • A. 

      Charter

    • B. 

      Asset

    • C. 

      Corporation

    • D. 

      Income statement

  • 14. 
    The failure to use a reasonable amount of care resulting in damage is called:
    • A. 

      Negligence

    • B. 

      Employee empowerment

    • C. 

      Liability

    • D. 

      Confidential asset resource managment

  • 15. 
    The Environmental Protection Agency (EPA) is an example of governmental unit at this level:
    • A. 

      National

    • B. 

      State

    • C. 

      County

    • D. 

      Local

  • 16. 
    The marriage license bureau is an example of this governmental unit:
    • A. 

      Local

    • B. 

      County

    • C. 

      State

    • D. 

      National

  • 17. 
    The goals of not for profit entities and governmental entities is the same as businesses to seek a profit.
    • A. 

      True

    • B. 

      False

  • 18. 
    This report presents the financial condition of the company on a specific date. The report includes the company's assets, liabilities and capital:
    • A. 

      Balance sheet

    • B. 

      Income statement

    • C. 

      Profit and loss statement

    • D. 

      Employee empowerment report

  • 19. 
    Income, money, or other gains received by a company is called:
    • A. 

      Revenue

    • B. 

      Expense

    • C. 

      Assets

    • D. 

      Liabilities

  • 20. 
    Goods and property that is owned by the business is called:
    • A. 

      Assets

    • B. 

      Liabilities

    • C. 

      Revenue

    • D. 

      Expenses

  • 21. 
    Debts of the company are called:
    • A. 

      Liabilities

    • B. 

      Expenses

    • C. 

      Revenue

    • D. 

      Assets

  • 22. 
    Managers that direct the daily activities of a company are called:
    • A. 

      Senior management

    • B. 

      Middle management

    • C. 

      Board of directors

    • D. 

      Department employees

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