Business & Computer Science Final Exam Study Guide

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| By Linda Douglas

Linda Douglas

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Quizzes Created: 3 | Total Attempts: 2,499

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1/65 Questions

Something that you own is called a(n)
- Asset
- Liability

About This Quiz

Be sure to enter your FIRST and LAST name below to get credit for taking the practice quiz.

Business & Computer Science Final Exam Study Guide - Quiz

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2.

Something that you owe is called a(n)
- Asset
- Liability
Correct Answer

A. Liability

Explanation

Something that you owe is referred to as a liability. A liability is an obligation or debt that an individual or entity owes to another party. It represents a future sacrifice of resources, such as money or services, that the debtor is obligated to provide. In contrast, an asset represents something of value that an individual or entity owns or controls.

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3.

People who work for someone else
- Aptitude
- Employee
- Entrepreneurs
- Entrepreneurship
Correct Answer

A. Employee

Explanation

This question is asking for a term that describes people who work for someone else. The term that fits this description is "employee."

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4.

People who own, operate, and take risk of a business venture
- Aptitude
- Employee
- Entrepreneurs
- Entrepreneurship
Correct Answer

A. Entrepreneurs

Explanation

Entrepreneurs are individuals who own, operate, and take risks in a business venture. They are known for their ability to identify opportunities, innovate, and create new businesses. Unlike employees who work for someone else, entrepreneurs are driven by their own vision and are willing to take on the financial and personal risks associated with starting and running a business. They are often characterized by their passion, determination, and willingness to work hard to achieve their goals.

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5.

Which one is NOT a disadvantage of Entrepreneurship?
- Risky
- Uncertain Income
- You are the boss
- Work long hours
Correct Answer

A. You are the boss

Explanation

Being the boss is not a disadvantage of entrepreneurship because it gives individuals the freedom to make their own decisions and have control over their business. While entrepreneurship does come with risks, uncertain income, and long working hours, being the boss allows entrepreneurs to have autonomy and the ability to shape their business according to their vision and goals. This can be seen as an advantage rather than a disadvantage.

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6.

When punctuation marks are omitted in opening and closing lines of a letter, the punctuation STYLE is called:
- Formal
- Open
- Mixed
- Closed
Correct Answer

A. Open

Explanation

The correct answer is "Open" because when punctuation marks are omitted in the opening and closing lines of a letter, it follows an open punctuation style. In this style, there is no use of punctuation marks like commas or periods after the salutation and before the closing of the letter. This style is often used in informal or casual letters.

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7.

Which basic letter part comes first?
- Body
- Complimentary Close
- Name of Writer
- Salutation
- Return Address
Correct Answer

A. Return Address

Explanation

The return address is the basic letter part that comes first. This is because the return address is usually placed at the top left corner of the letter, indicating the sender's address. It is important to include the return address so that the recipient knows where to send any correspondence or replies. The other options listed, such as the body of the letter, complimentary close, name of the writer, and salutation, typically come after the return address in the letter format.

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8.

When NO punctuation follows the salutation or the complimentary close in a block style letter, that is known as what type of punctuation?
- Open
- Closed
- Mixed
- Formal
- No
Correct Answer

A. Open

Explanation

In a block style letter, when there is no punctuation following the salutation or the complimentary close, it is known as an "open" type of punctuation. This means that there is no period, comma, or any other punctuation mark after the salutation or the complimentary close. It is a more informal style of writing and is commonly used in casual or friendly letters.

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9.

Texting on your cell phone during a business meeting is acceptable:
- Only if you are discreet
- Only if you are waiting for an important text message
- Never
Correct Answer

A. Never

Explanation

Texting on your cell phone during a business meeting is never acceptable. It is important to give full attention and respect to the meeting and the people present. Texting can be seen as disrespectful, unprofessional, and can disrupt the flow of the meeting. It is best to avoid using your cell phone during a business meeting unless it is an emergency situation.

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10.

Good ethics is based on:
- A set of values
- Legal rules of ethics
- How you were raised
Correct Answer

A. A set of values

Explanation

Good ethics is based on a set of values because values serve as guiding principles that shape our behavior and decision-making. These values reflect our beliefs about what is right and wrong, and they provide a foundation for ethical conduct. While legal rules of ethics and how one was raised can certainly influence a person's ethical framework, they are not sufficient on their own. Values, on the other hand, are internalized and help individuals make ethical choices even in the absence of specific rules or external influences.

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11.

Jokes are always a good way to clear tension in the office
- True
- False
Correct Answer

A. False

Explanation

Explanations for this answer could include: "While jokes can sometimes help to clear tension in the office, they are not always a good way to do so. Different people have different senses of humor and what may be funny to one person could be offensive or inappropriate to another. Additionally, jokes can sometimes perpetuate stereotypes or create a hostile work environment. Therefore, it is not accurate to say that jokes are always a good way to clear tension in the office."

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12.

If you earn more than you spend, you have a
- Profit
- Loss
Correct Answer

A. Profit

Explanation

If you earn more than you spend, it means that your income exceeds your expenses. This results in a surplus or positive difference between the two. This surplus is known as profit. Profit is a financial gain that indicates the success and profitability of a business or individual. It can be used for reinvestment, savings, or other financial goals.

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13.

If you spend more than you earn, you have a
- Profit
- Loss
Correct Answer

A. Loss

Explanation

If you spend more than you earn, it means you are incurring expenses that exceed your income. This results in a negative financial situation where you are experiencing a loss. Loss refers to the deficit or shortfall between your expenses and income, indicating that you are operating at a financial loss.

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14.

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

Correct Answer
Place

Explanation
The four P's in marketing are Product, Place, Promotion, and Price. Place refers to the distribution channels and locations where the product is made available to the target customers. It involves decisions related to retail stores, online platforms, warehouses, and logistics. Place is an important aspect of marketing as it ensures that the product reaches the right customers at the right time and place, maximizing convenience and accessibility.

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15.

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

A. Communication

Explanation

Communication is the ability to effectively convey and receive information through speaking, listening, reading, and writing. It is crucial for functioning successfully in various settings, such as personal relationships, professional environments, and social interactions. Good communication skills enable individuals to express their thoughts and ideas clearly, understand others, and establish strong connections. By being able to communicate effectively, individuals can overcome barriers, resolve conflicts, and collaborate with others, ultimately leading to success in their personal and professional lives.

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16.

Making decisions about your expenses based on the money avalible.
- Budget
- Price range
- Price limit
Correct Answer

A. Budget

Explanation

The term "budget" refers to the process of making decisions about expenses based on the available money. It involves planning and allocating funds for various needs and wants. A budget helps individuals or organizations manage their finances by setting limits on spending and ensuring that expenses do not exceed income. Therefore, "budget" is the correct answer as it best describes the concept of making decisions about expenses based on the available money.

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17.

Price is the determining factor of both suppy and demand?
- True
- False
Correct Answer

A. True

Explanation

Price is the determining factor of both supply and demand because it affects the behavior of both buyers and sellers in the market. When the price of a product increases, the quantity supplied by producers also increases as they are motivated to supply more at higher prices. On the other hand, buyers tend to demand less of a product when its price increases, resulting in a decrease in demand. Conversely, when the price decreases, the quantity supplied decreases while the demand increases. Therefore, price plays a crucial role in determining the equilibrium between supply and demand in the market.

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18.

Demand
- Is the amount supplied
- The quantity desired by the people at a certain price level
- Is what people what at a certain time
Correct Answer

A. The quantity desired by the people at a certain price level

Explanation

The correct answer is "the quantity desired by the people at a certain price level." This is because demand refers to the amount of a product or service that consumers are willing and able to buy at a given price. It represents the desire and willingness of consumers to purchase a particular good or service at a specific price point. The quantity desired by people at a certain price level reflects their preferences and buying behavior in relation to the price of the product.

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19.

What is supply?
- Supply refers to how many goods you have to sell
- Supply refers to how many goods you have to buy
- Supply refers to how much something costs
- Supply refers to how much someone spends
Correct Answer

A. Supply refers to how many goods you have to sell

Explanation

The correct answer is "Supply refers to how many goods you have to sell." This is because supply refers to the quantity of goods or services that producers are willing and able to offer for sale at a given price in a given time period. It represents the amount of goods available in the market for consumers to purchase.

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20.

If you increase the price of your good, what will usually happen to demand?
- Demand goes up
- Demand goes down
- Demand stays equal
Correct Answer

A. Demand goes down

Explanation

When the price of a good increases, it becomes less affordable for consumers, leading to a decrease in demand. As the price increases, consumers are less willing or able to purchase the good, resulting in a decrease in the quantity demanded. This is a fundamental principle of economics known as the law of demand, which states that there is an inverse relationship between price and quantity demanded.

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21.

If demand is high, how will supply be affected?
- Supply will stay the same
- Supply will go up
- Supply will go down
Correct Answer

A. Supply will go down

Explanation

When demand is high, it indicates that there is a greater desire for a product or service. This increased demand puts pressure on suppliers to meet the higher level of demand. However, if the supply remains the same, it will not be able to keep up with the increased demand, resulting in a shortage of supply. Therefore, the correct answer is that supply will go down when demand is high.

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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?
- High
- Low
Correct Answer

A. High

Explanation

Nike would set the price high because when there is high demand for a product, companies often increase the price to maximize their profits. In this scenario, if people around the world want to buy a pair of Nike's new shoes, the company would take advantage of the high demand and set the price high to capitalize on the market demand and generate more revenue.

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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
- Locator
- URL
- Protocol
- Hyperlink
Correct Answer

A. Hyperlink

Explanation

A clickable link that takes you from one document to another, or to any resource, even within the same document, with text that is highlighted in some fashion is called a hyperlink.

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24.

Which of the following are used to view documents on the Internet and World Wide Web
- Navigators
- System software
- Browsers
- Explorers
Correct Answer

A. Browsers

Explanation

Browsers are the correct answer because they are specifically designed software applications that allow users to access and view documents on the Internet and World Wide Web. Browsers provide a graphical user interface and interpret HTML code to display web pages, allowing users to navigate through websites, access hyperlinks, and view various types of content such as text, images, videos, and interactive elements. Examples of popular browsers include Google Chrome, Mozilla Firefox, Microsoft Edge, and Safari.

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25.

This is a "standard" way of easily expressing the location and data type of a resource
- the IP address
- The Uniform Resource Locator
- The web address
- The domain name
Correct Answer

A. The Uniform Resource Locator

Explanation

The Uniform Resource Locator (URL) is a standard way of easily expressing the location and data type of a resource. It provides a concise and structured way to identify and access resources on the internet. URLs typically consist of a protocol (such as HTTP or HTTPS), followed by the domain name or IP address, and the specific path or resource being accessed. This standardized format makes it easier for users and systems to navigate and retrieve information from the web.

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26.

What is bandwidth?
- Amount of info that can be sent through a communication pipeline
- Amount of frames shown in given amount of time
- A sound's pitch
- None of the above
Correct Answer

A. Amount of info that can be sent through a communication pipeline

Explanation

Bandwidth refers to the amount of information that can be transmitted through a communication pipeline. It represents the capacity or speed at which data can be transferred from one point to another. It is commonly measured in bits per second (bps) and determines how quickly data can be sent and received over a network or internet connection. Bandwidth is crucial for determining the efficiency and performance of communication systems, as a higher bandwidth allows for faster and more reliable data transmission.

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27.

What is the most common sound format on the web?
- WAV
- MP3
- WMV
- AVI
Correct Answer

A. MP3

Explanation

MP3 is the most common sound format on the web because it is a widely supported audio format that offers good sound quality with relatively small file sizes. This makes it ideal for streaming and downloading audio files over the internet. WAV, WMV, and AVI are all valid sound formats, but they are less commonly used on the web compared to MP3.

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28.

What is streaming media?
- A background sound
- Media that must be completely downloaded before listening or viewing
- Media that plays while it is being downloaded
- None of the above
Correct Answer

A. Media that must be completely downloaded before listening or viewing

Explanation

Streaming media refers to media that plays while it is being downloaded, allowing users to access and enjoy the content in real-time without having to wait for the entire file to download. This method of media delivery enables seamless playback of audio or video files over the internet, providing instant access to the content without the need for extensive downloading. Therefore, the given answer stating that streaming media is "media that must be completely downloaded before listening or viewing" is incorrect.

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29.

Adobe's program used for web designing.
- Photoshop
- Flash
- Dream Weaver
- Fireworks
Correct Answer

A. Dream Weaver

Explanation

Dream Weaver is a program developed by Adobe that is specifically designed for web designing. It provides a range of tools and features that allow users to create and design websites with ease. Dream Weaver offers a visual interface, making it user-friendly for both beginners and professionals. It supports various programming languages, such as HTML, CSS, and JavaScript, enabling users to create dynamic and interactive web pages. With its powerful features and capabilities, Dream Weaver has become a popular choice among web designers for creating visually appealing and functional websites.

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30.

File extension used for photographs.
- Jpg
- Gif
- Ppt
- Psd
Correct Answer

A. Jpg

Explanation

The file extension "jpg" is commonly used for photographs. It stands for Joint Photographic Experts Group, which is the organization that developed the JPEG image compression format. JPEG is widely used for storing and sharing digital photographs due to its ability to compress image files without significant loss of quality. Other file extensions listed, such as "gif" (Graphics Interchange Format), "ppt" (PowerPoint), and "psd" (Adobe Photoshop Document), are not primarily associated with photographs.

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31.

These are small squares on a computer screen that reflect lights of color.
- Inches
- Dimensions
- Pixels
- Marquees
Correct Answer

A. Pixels

Explanation

Pixels are small squares on a computer screen that reflect lights of color. They are the smallest units of display on a screen and are responsible for creating images and displaying information. Each pixel can emit a specific color, and when combined together, they form the images and text that we see on a computer screen. Therefore, pixels are the correct answer as they accurately describe the small squares on a computer screen that reflect lights of color.

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32.

A web site that is easy to use
- Layout
- User Friendly
- Navigation
- Cool
Correct Answer

A. User Friendly

Explanation

The correct answer is "User Friendly" because a website that is easy to use implies that it is designed in a way that is intuitive and accessible for users. It means that the layout, navigation, and overall design of the website are designed with the user's needs and preferences in mind, making it easy for them to find information, navigate through different pages, and complete tasks without confusion or frustration.

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33.

What do businesses provide for the outside parties?
- Goods
- Money
- Services
- Goods and Services
Correct Answer

A. Goods and Services

Explanation

Businesses provide goods and services for the outside parties. Goods refer to tangible products that can be seen and touched, such as clothing, electronics, and food. Services, on the other hand, are intangible offerings that provide assistance or perform tasks for customers, such as consulting, banking, and healthcare. By offering both goods and services, businesses cater to the diverse needs and preferences of their customers, ensuring a comprehensive and satisfactory experience.

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34.

What is a partnership?
- Has two partners
- Has two or more owners of the business
- Has two friends in business
- Has two risk takers
Correct Answer

A. Has two or more owners of the business

Explanation

A partnership is a business structure where there are two or more owners of the business. This means that the business is collectively owned and managed by multiple individuals who share the profits, losses, and responsibilities. Unlike other business structures, such as sole proprietorships or corporations, partnerships allow for shared decision-making and liability among the owners. It is not limited to just two partners, as there can be more than two individuals involved in a partnership.

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35.

What is CPU an acronym for?
- Central processing unit
- Computer parts assembly
- Computer play unit
- Central part unit
Correct Answer

A. Central processing unit

Explanation

CPU is an acronym for central processing unit, which is the primary component of a computer system responsible for executing instructions and performing calculations. It acts as the brain of the computer, processing data and controlling the other hardware components. The term "central" refers to its central role in coordinating and executing tasks, while "processing unit" emphasizes its function of processing data and instructions.

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36.

What is RAM?
- Run actually minutes
- Right action motion
- Random access memory
- Random access minutes
Correct Answer

A. Random access memory

Explanation

RAM stands for random access memory. It is a type of computer memory that allows data to be accessed in any random order, rather than sequentially. This means that any piece of data can be retrieved quickly, regardless of its location in the memory. RAM is volatile memory, meaning that its contents are lost when the power is turned off. It is used by the computer to temporarily store data that is actively being used by the CPU, providing fast and temporary storage for running programs and data.

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37.

What are the home row keys on a keyboard?
- Asdf jkl;
- Asdf gh jkl;
- Qwerty
- None of the above
Correct Answer

A. Asdf jkl;

Explanation

The home row keys on a keyboard are the keys where the fingers of both hands rest when typing. These keys are located in the middle row of the keyboard and include the letters "a", "s", "d", "f" for the left hand and "j", "k", "l", ";" for the right hand. These keys are considered the base position for typing and help maintain proper hand placement and finger reach while typing.

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38.

SCRATCH is a program used to do what in computer science?
- Grade papers
- Upload assignments
- Code or program
- Clean the hard drive
Correct Answer

A. Code or program

Explanation

SCRATCH is a program used in computer science to code or program. It is a visual programming language that allows users to create interactive stories, games, and animations by dragging and dropping blocks of code. It is designed to teach programming concepts to beginners and is widely used in educational settings to introduce students to coding.

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39.

Which of the following is a form of cyberbullying?
- Junk mail
- Flaming (sending hurtful or mean messages on the Internet)
- Sending unwanted email
- Prank phone calls
Correct Answer

A. Flaming (sending hurtful or mean messages on the Internet)

Explanation

Flaming, which refers to sending hurtful or mean messages on the Internet, is a form of cyberbullying. Cyberbullying involves using electronic communication to harass, intimidate, or harm others. Flaming specifically targets individuals by sending offensive or hurtful messages online, causing emotional distress and potentially damaging their reputation. It is important to recognize and address cyberbullying to create a safe and inclusive online environment.

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40.

This is used to connect your computer to the Internet
- Modem
- Scanner
- Graphic card
- Printer
Correct Answer

A. Modem

Explanation

A modem is a device that connects your computer to the internet. It converts the digital signals from your computer into analog signals that can be transmitted over telephone lines or cable lines. The modem also receives analog signals from the internet and converts them back into digital signals that your computer can understand. Therefore, a modem is the correct answer as it is specifically designed for connecting computers to the internet.

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41.

This is known as command central in Microsoft Office programs. In other words, it's the place you go that contains tabs and groups that are used for editing documents.
- Ribbon
- Toolbar
- Task bar
- Quick access toolbar
Correct Answer

A. Ribbon

Explanation

The ribbon is the correct answer because it is the central command in Microsoft Office programs. It contains tabs and groups that are used for editing documents. The ribbon provides users with easy access to various tools and features within the program, making it a vital component for editing and formatting documents.

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42.

When using Microsoft Publisher, you would create which of the following?
- Calendars, cards, brochures, flyers, etc.
- Spreadsheets
- Presentations
- Keyboarding
Correct Answer

A. Calendars, cards, brochures, flyers, etc.

Explanation

Microsoft Publisher is a desktop publishing software that allows users to create various types of documents such as calendars, cards, brochures, and flyers. It provides templates and tools specifically designed for creating visually appealing and professional-looking materials. This software is not used for creating spreadsheets, presentations, or keyboarding activities.

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43.

Microsoft Word is used to create which of the following?
- Documents
- Spreadsheets
- Presentations
- Graphs
Correct Answer

A. Documents

Explanation

Microsoft Word is a word processing software that is primarily used for creating and editing documents. It provides a wide range of tools and features to format text, add images, tables, and other elements to create professional-looking documents. It allows users to easily type, edit, and format text, making it an ideal tool for creating reports, letters, resumes, and other types of documents. Therefore, the correct answer is "documents".

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44.

When saving files on your computer, which character is allowed in the file name?
- ? question mark
- * asterick
- _ underscore
- : colon
Correct Answer

A. _ underscore

Explanation

When saving files on a computer, the character that is allowed in the file name is the underscore (_). The underscore is a commonly used character in file names as it is easily readable and does not cause any conflicts or errors. It is a valid character that can be used to separate words or indicate spaces in file names.

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45.

The 4 P's of Marketing are Product, Price, Place, and Promotion.
- True
- False
Correct Answer

A. True

Explanation

The 4 P's of Marketing are widely recognized as the fundamental elements that make up a marketing strategy. Product refers to the actual goods or services being offered, Price refers to the amount customers are willing to pay for the product, Place refers to the distribution channels used to make the product available to customers, and Promotion refers to the marketing activities used to communicate and promote the product. Therefore, the statement that the 4 P's of Marketing are Product, Price, Place, and Promotion is true.

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46.

A table is a collection of information stored in cells in a grid of columns and rows.
- True
- False
Correct Answer

A. True

Explanation

The statement accurately describes a table as a collection of information organized in a grid format with columns and rows. This format allows for easy organization and retrieval of data. Therefore, the correct answer is true.

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47.

In Microsoft Office programs, this enables the user to copy text formats from one area to another consistently.
- Format copy
- Copy
- Format painter
- Cut
Correct Answer

A. Format painter

Explanation

The format painter tool in Microsoft Office programs allows the user to copy text formats, such as font style, size, and color, from one area to another consistently. This can be useful when you want to maintain a consistent formatting style throughout your document or when you want to quickly apply the same formatting to multiple sections. By selecting the desired text format and using the format painter tool, you can easily apply the same formatting to different parts of your document with just a few clicks.

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48.

This appears as a washed out image in documents.
- Border
- Watermark
- Table
- Picture
Correct Answer

A. Watermark

Explanation

A watermark is a faint image or text that is usually added to a document to indicate its authenticity or to protect it from unauthorized use. It is often displayed as a washed out image in the background of the document. Therefore, the given correct answer, "watermark," accurately describes the appearance of a washed out image in documents.

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49.

In Microsoft Excel, this allows you to automatically add up columns and rows.
- Formula bar
- Calculator
- Keypad
- Autosum
Correct Answer

A. Autosum

Explanation

Autosum is the correct answer because it is a feature in Microsoft Excel that allows users to automatically add up columns and rows. This feature saves time and eliminates the need for manual calculations. By selecting a cell and clicking on the Autosum button, Excel automatically inserts the SUM function and selects the range of cells to be summed. This is a convenient tool for quickly obtaining the sum of a range of cells in Excel.

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Quiz Edited by
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Dec 04, 2014

Quiz Created by
Linda Douglas

Business & Computer Science Final Exam Study Guide

Something that you own is called a(n)

Quiz Preview

Something that you owe is called a(n)

People who work for someone else

People who own, operate, and take risk of a business venture

Which one is NOT a disadvantage of Entrepreneurship?

When punctuation marks are omitted in opening and closing lines of a letter, the punctuation STYLE is called:

Which basic letter part comes first?

When NO punctuation follows the salutation or the complimentary close in a block style letter, that is known as what type of punctuation?

Texting on your cell phone during a business meeting is acceptable:

Good ethics is based on:

Jokes are always a good way to clear tension in the office

If you earn more than you spend, you have a

If you spend more than you earn, you have a

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

__________ is being able to speak, listen, read and write to function successfully in a varitey of setting.?

Making decisions about your expenses based on the money avalible.

Price is the determining factor of both suppy and demand?

Demand

What is supply?

If you increase the price of your good, what will usually happen to demand?

If demand is high, how will supply be affected?

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 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

Which of the following are used to view documents on the Internet and World Wide Web

This is a "standard" way of easily expressing the location and data type of a resource

What is bandwidth?

What is the most common sound format on the web?

What is streaming media?

Adobe's program used for web designing.

File extension used for photographs.

These are small squares on a computer screen that reflect lights of color.

A web site that is easy to use

What do businesses provide for the outside parties?

What is a partnership?

What is CPU an acronym for?

What is RAM?

What are the home row keys on a keyboard?

SCRATCH is a program used to do what in computer science?

Which of the following is a form of cyberbullying?

This is used to connect your computer to the Internet

This is known as command central in Microsoft Office programs. In other words, it's the place you go that contains tabs and groups that are used for editing documents.

When using Microsoft Publisher, you would create which of the following?

Microsoft Word is used to create which of the following?

When saving files on your computer, which character is allowed in the file name?

The 4 P's of Marketing are Product, Price, Place, and Promotion.

A table is a collection of information stored in cells in a grid of columns and rows.

In Microsoft Office programs, this enables the user to copy text formats from one area to another consistently.

This appears as a washed out image in documents.

In Microsoft Excel, this allows you to automatically add up columns and rows.