Business & Computer Science Final Exam Study Guide

65 Questions | Total Attempts: 337

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Business & Computer Science Final Exam Study Guide

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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

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