Business & Computer Science Final Exam Study Guide
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- 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
Questions: 10 | Attempts: 13554 | Last updated: Jan 4, 2022
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