Accounting And Marketing Quiz Questions! Trivia Test

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| By Canja42

Canja42

Community Contributor

Quizzes Created: 1 | Total Attempts: 186

Questions: 14 | Attempts: 187 | Updated: Mar 20, 2023

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Questions and Answers

1.

Which of the following is NOT one of the four Ps (4Ps).
- A.
  
  Price
- B.
  
  Promotion
- C.
  
  Place
- D.
  
  Profit
Correct Answer
D. Profit

Explanation
Chapter 15: Marketing

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2.

A ____________ is a marketing research method where a group of people is gathered and asked questions regarding a product.

Correct Answer
Focus Group

Explanation
Chapter 15: Marketing

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4
3.

You can segment your market based on the geographical area but not on demographic factors.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
Chapter 15: Marketing

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4.

Which of the following is not a factor influencing consumer behaviour.
- A.
  
  Psychological influences
- B.
  
  Time influences
- C.
  
  Cultural influences
- D.
  
  Social Influences
Correct Answer
A. Psychological influences

Explanation
Chapter 15: Marketing

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5.

Which of the following is a financial statement that is based on the accounting equation Assets = Liabilities + Owner's Equity?
- A.
  
  Balance Sheet
- B.
  
  Income Statement
- C.
  
  Budget
- D.
  
  Cash Flow Statement
Correct Answer
A. Balance Sheet

Explanation
Chapter 13: Accounting

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6.

A high inventory ratio means you have an efficient operation.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Chapter 13: Accounting

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7.

GAAP stands for:
- A.
  
  Government Accounting Assets Principles
- B.
  
  Government Accepted Accounting Principles
- C.
  
  Generally Accepted Accounting Principles
- D.
  
  Generally Agreed Accounting Principles
Correct Answer
C. Generally Accepted Accounting Principles

Explanation
Chapter 13: Accounting

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8.

A ___________ is a private company wide network to share information and get information.

Correct Answer
Intranet

Explanation
Information Systems and Technology

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9.

A ________ is information that hasn't been analized yet

Correct Answer
Data

Explanation
Communication Technology

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10.

_____ are the activities necessary to get quality goods and services not the marketplace.

Correct Answer
TQM

Explanation
Chapter 12: Productivity and quality

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11.

Which of the following are quality-assurance tools?
- A.
  
  Value-added analysis
- B.
  
  Benchmarking
- C.
  
  Statistical process control
- D.
  
  All are quality assurance tools
Correct Answer
D. All are quality assurance tools

Explanation
Chapter 12: Productivity

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12.

________________ is an international third party certification for quality management standards

Correct Answer
ISO 9000

Explanation
Chapter 12: Productivity

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13.

A ____________ is a group of companies and stream of activities involved in getting the product from raw materials to the end consumer
- A.
  
  Chain strategy
- B.
  
  Supply Chain
- C.
  
  Re-engeneering
- D.
  
  Six Sigma
Correct Answer
B. Supply Chain

Explanation
Chapter 12: Productivity

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Current Version
Mar 20, 2023

Quiz Edited by
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Nov 13, 2014

Quiz Created by
Canja42

Accounting And Marketing Quiz Questions! Trivia Test

Which of the following is NOT one of the four Ps (4Ps).

A ____________ is a marketing research method where a group of people is gathered and asked questions regarding a product.

You can segment your market based on the geographical area but not on demographic factors.

Which of the following is not a factor influencing consumer behaviour.

Which of the following is a financial statement that is based on the accounting equation Assets = Liabilities + Owner's Equity?

A high inventory ratio means you have an efficient operation.

GAAP stands for:

A ___________ is a private company wide network to share information and get information.

A ________ is information that hasn't been analized yet

_____ are the activities necessary to get quality goods and services not the marketplace.

Which of the following are quality-assurance tools?

________________ is an international third party certification for quality management standards

A ____________ is a group of companies and stream of activities involved in getting the product from raw materials to the end consumer