Business & Computer Science Final Exam Study Guide

65 Questions | By Msdouglasbcs | Updated: Mar 21, 2022 | Attempts: 349

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Business & Computer Science Final Exam Study Guide - Quiz

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Questions and Answers

1.

Something that you own is called a(n)
- A.
  
  Asset
- B.
  
  Liability
2.

Something that you owe is called a(n)
- A.
  
  Asset
- B.
  
  Liability
3.

People who work for someone else
- A.
  
  Aptitude
- B.
  
  Employee
- C.
  
  Entrepreneurs
- D.
  
  Entrepreneurship
4.

People who own, operate, and take risk of a business venture
- A.
  
  Aptitude
- B.
  
  Employee
- C.
  
  Entrepreneurs
- D.
  
  Entrepreneurship
5.

Which one is NOT a disadvantage of Entrepreneurship?
- A.
  
  Risky
- B.
  
  Uncertain Income
- C.
  
  You are the boss
- D.
  
  Work long hours
6.

When punctuation marks are omitted in opening and closing lines of a letter, the punctuation STYLE is called:
- A.
  
  Formal
- B.
  
  Open
- C.
  
  Mixed
- D.
  
  Closed
7.

Which basic letter part comes first?
- A.
  
  Body
- B.
  
  Complimentary Close
- C.
  
  Name of Writer
- D.
  
  Salutation
- E.
  
  Return Address
8.

When NO punctuation follows the salutation or the complimentary close in a block style letter, that is known as what type of punctuation?
- A.
  
  Open
- B.
  
  Closed
- C.
  
  Mixed
- D.
  
  Formal
- E.
  
  No
9.

Texting on your cell phone during a business meeting is acceptable:
- A.
  
  Only if you are discreet
- B.
  
  Only if you are waiting for an important text message
- C.
  
  Never
10.

Good ethics is based on:
- A.
  
  A set of values
- B.
  
  Legal rules of ethics
- C.
  
  How you were raised
11.

Jokes are always a good way to clear tension in the office
- A.
  
  True
- B.
  
  False
12.

If you earn more than you spend, you have a
- A.
  
  Profit
- B.
  
  Loss
13.

If you spend more than you earn, you have a
- A.
  
  Profit
- B.
  
  Loss
14.

In Marketing what the four P's are: Product, ________, Promotion, and Price. (Use capital on P's)
15.

__________ is being able to speak, listen, read and write to function successfully in a varitey of setting.?
- A.
  
  Communication
- B.
  
  Career cluster
- C.
  
  Outgoing
- D.
  
  A leader
16.

Making decisions about your expenses based on the money avalible.
- A.
  
  Budget
- B.
  
  Price range
- C.
  
  Price limit
17.

Price is the determining factor of both suppy and demand?
- A.
  
  True
- B.
  
  False
18.

Demand
- A.
  
  Is the amount supplied
- B.
  
  The quantity desired by the people at a certain price level
- C.
  
  Is what people what at a certain time
19.

What is supply?
- A.
  
  Supply refers to how many goods you have to sell
- B.
  
  Supply refers to how many goods you have to buy
- C.
  
  Supply refers to how much something costs
- D.
  
  Supply refers to how much someone spends
20.

If you increase the price of your good, what will usually happen to demand?
- A.
  
  Demand goes up
- B.
  
  Demand goes down
- C.
  
  Demand stays equal
21.

If demand is high, how will supply be affected?
- A.
  
  Supply will stay the same
- B.
  
  Supply will go up
- C.
  
  Supply will go down
22.

If Nike started selling new shoes, and people around the world wanted to buy a pair, would Nike set the price high or low?
- A.
  
  High
- B.
  
  Low
23.

A clickable link that takes you from one document to another, or to any resource, even within a the same document, with text that is highlighted in some fashion is called
- A.
  
  Locator
- B.
  
  URL
- C.
  
  Protocol
- D.
  
  Hyperlink
24.

Which of the following are used to view documents on the Internet and World Wide Web
- A.
  
  Navigators
- B.
  
  System software
- C.
  
  Browsers
- D.
  
  Explorers
25.

This is a "standard" way of easily expressing the location and data type of a resource
- A.
  
  the IP address
- B.
  
  The Uniform Resource Locator
- C.
  
  The web address
- D.
  
  The domain name