Accounting And Marketing Quiz Questions! Trivia Test

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| By Canja42
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Canja42
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Quizzes Created: 1 | Total Attempts: 196
| Attempts: 196
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    A ________ is information that hasn't been analized yet

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About This Quiz

Dive into the essentials of marketing and accounting with this trivia test! Assess your knowledge on the 4Ps, market segmentation, consumer behavior, financial statements, and inventory ratios. Ideal for learners looking to enhance their understanding in these critical business areas.

Accounting And Marketing Quiz Questions! Trivia Test - Quiz

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  • 2. 

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

    Explanation
    Chapter 15: Marketing

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  • 3. 

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

    Explanation
    Information Systems and Technology

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  • 4. 

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

    Explanation
    Chapter 12: Productivity and quality

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  • 5. 

    ________________ is an international third party certification for quality management standards

    Explanation
    Chapter 12: Productivity

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  • 6. 

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

    • Chain strategy

    • Supply Chain

    • Re-engeneering

    • Six Sigma

    Correct Answer
    A. Supply Chain
    Explanation
    Chapter 12: Productivity

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  • 7. 

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

    • Balance Sheet

    • Income Statement

    • Budget

    • Cash Flow Statement

    Correct Answer
    A. Balance Sheet
    Explanation
    Chapter 13: Accounting

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  • 8. 

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

    • Price

    • Promotion

    • Place

    • Profit

    Correct Answer
    A. Profit
    Explanation
    Chapter 15: Marketing

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  • 9. 

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

    • True

    • False

    Correct Answer
    A. False
    Explanation
    Chapter 15: Marketing

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  • 10. 

    A high inventory ratio means you have an efficient operation. 

    • True

    • False

    Correct Answer
    A. True
    Explanation
    Chapter 13: Accounting

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  • 11. 

    GAAP stands for: 

    • Government Accounting Assets Principles

    • Government Accepted Accounting Principles

    • Generally Accepted Accounting Principles

    • Generally Agreed Accounting Principles

    Correct Answer
    A. Generally Accepted Accounting Principles
    Explanation
    Chapter 13: Accounting

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  • 12. 

    Which of the following are quality-assurance tools?

    • Value-added analysis

    • Benchmarking

    • Statistical process control

    • All are quality assurance tools

    Correct Answer
    A. All are quality assurance tools
    Explanation
    Chapter 12: Productivity

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  • 13. 

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

    • Psychological influences

    • Time influences

    • Cultural influences

    • Social Influences

    Correct Answer
    A. Psychological influences
    Explanation
    Chapter 15: Marketing

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Nov 13, 2014
    Quiz Created by
    Canja42
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