Want A Computer Related Job? Start By Taking This Quiz!

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  • 1/95 Questions

    A sales representative is providing a presentation on the sales from the previous quarter. She wants to  display the sales by each representative. Which format will be the best to use?

    • Pie Chart
    • Bar Graph
    • Line Graph
    • Scatter Plot
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About This Quiz

A computer is a machine that can be programmed to carry out sequences of arithmetic or logical operations automatically. Modern computers can perform generic sets of operations known as programs. These programs enable computers to perform a wide range of tasks.
Want A Computer Related Job? Start By Taking This Quiz!

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  • 2. 

    One advantage to providing online business classes is:

    • Saves money because a teacher is not needed

    • Allows students to work at their own pace

    • Reduces the quality of the curriculum

    • Allows for face-to-face interaction

    Correct Answer
    A. Allows students to work at their own pace
    Explanation
    Providing online business classes allows students to work at their own pace. This means that they can progress through the material at a speed that suits their individual learning style and schedule. It allows for flexibility and personalized learning, which can enhance understanding and retention of the content.

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  • 3. 

    Harold received the following email from his manager, Cindy. Harold, I repeatedly told everyone in the office that the investors would be here today  at 9:00 am.  You  picked today of all days to show up without a suit and tie on. You looked like a mess. Comb your hair, clean your shirt, and look presentable. What is Harold's manager reprimanding him for?

    • Distractions

    • Appearance and attire  

    • Conduct

    • Business culture

    Correct Answer
    A. Appearance and attire  
    Explanation
    The manager is reprimanding Harold for his appearance and attire because she mentions that he showed up without a suit and tie and looked like a mess. She instructs him to comb his hair, clean his shirt, and look presentable, indicating that his appearance was not appropriate for the occasion.

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  • 4. 

    A student's computer will not print a document. What is the first step to troubleshoot the problem?

    • Reboot

    • Check devices to make sure the printer is installed

    • Run a diagnostic program

    • Disengage antivirus software

    Correct Answer
    A. Check devices to make sure the printer is installed
    Explanation
    The first step to troubleshoot the problem of a computer not printing a document is to check the devices to ensure that the printer is installed. This is because if the printer is not properly installed or recognized by the computer, it will not be able to print. By checking the devices, the user can verify if the printer is connected and installed correctly, and take further steps accordingly to resolve the issue.

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  • 5. 

    Who would most likely be the chairperson of a business program advisory committee:

    • Business or industry professional

    • School administration staff

    • Lay person

    • Business education teacher

    Correct Answer
    A. Business or industry professional
    Explanation
    A business or industry professional would most likely be the chairperson of a business program advisory committee because they have the practical experience and expertise in the field. They can provide valuable insights and guidance to ensure that the program aligns with current industry trends and requirements. Additionally, their connections and networks within the business community can help in establishing partnerships and internships for students, enhancing the overall quality and relevance of the program.

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  • 6. 

    DIRECTIONS: Read the sentence and choose the best response. 13) Gina had exams in the following classes math, history, and science.

    • Classes; math, history, and

    • Classes: math, history, and 

    • Classes, math, history, and

    • No change is necessary.

    Correct Answer
    A. Classes: math, history, and 
    Explanation
    The correct answer is "classes: math, history, and". This is the correct punctuation for listing the classes that Gina had exams in. The colon is used to introduce the list, and the comma is used to separate the individual classes.

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  • 7. 

    Marco is a college student interested in the treasurer position for the local chapter of the Nursing Association at his school. He needs to send an email to the president of the association detailing why he believes he is a good candidate.  Which of the following best communicates his strengths?

    • I am really into finances, am organized and detail-oriented, and will arrive to meetings on time. 

    • My strong math, organizational, and time-management skills make me a good candidate for the position. 

    • While good math skills are a plus, I believe that my ability to socialize is what the association needs.

    • Being involved in extracurriculars looks good on a resume, so I would like to take on this challenge. 

    Correct Answer
    A. My strong math, organizational, and time-management skills make me a good candidate for the position. 
    Explanation
    The answer "My strong math, organizational, and time-management skills make me a good candidate for the position" best communicates Marco's strengths because it directly addresses the requirements of the treasurer position. It highlights his specific skills that are relevant to the role, such as math, organization, and time-management, which are essential for handling finances and maintaining records. This answer demonstrates that Marco understands the responsibilities of the position and how his skills align with them, making him a suitable candidate.

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  • 8. 

    Which of the following is a resume format that highlights experience in a time-delineated layout and is  often used by people who have a strong and consistent work history?

    • Chronological

    • Integrated

    • Targeted

    • Functional

    Correct Answer
    A. Chronological
    Explanation
    A chronological resume format is a layout that emphasizes a person's work experience in a time-ordered manner, starting with the most recent job and going back in reverse chronological order. This format is commonly used by individuals who have a strong and consistent work history as it allows employers to easily see their career progression and stability. It is effective in showcasing the candidate's growth and development over time, making it a suitable choice for those with a solid work background.

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  • 9. 

    Two parties are in disagreement about language in a contract. They take the contract to court for a judge to review. Upon review, there are handwritten notes and figures in the margins of the document. All the notes and figures are initialed by each party but there are miscalculations. Which of the following statements is correct?

    • Only the typed-written language will be upheld in court.

    • The handwritten notes and figures will supersede the type-written text.

    • Only the handwritten notes and figures will be reviewed.

    Correct Answer
    A. The handwritten notes and figures will supersede the type-written text.
    Explanation
    The handwritten notes and figures will supersede the type-written text because they have been initialed by each party, indicating their agreement and acceptance of the changes made. The miscalculations may be seen as errors, but they do not invalidate the changes made in the margins. Therefore, the court is likely to consider the handwritten notes and figures as the accurate representation of the parties' intentions and enforce them in the contract.

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  • 10. 

    Choose the sentence that is grammatically correct. 

    • The teammates wore special uniforms in honor of their late coach.

    • The teammates wore special uniforms in honor of its late coach.

    • The teammates had worn special uniforms in honor of their late coach.

    • The teammates have worn special uniforms in honor of its late coach.

    Correct Answer
    A. The teammates wore special uniforms in honor of their late coach.
    Explanation
    The correct answer is "The teammates wore special uniforms in honor of their late coach." This sentence is grammatically correct because it uses the correct verb tense ("wore") and possessive pronoun ("their") to indicate that the uniforms belonged to the teammates. Additionally, the use of "in honor of" correctly expresses the reason for wearing the uniforms.

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  • 11. 

    DIRECTIONS: Read the question and select the best response. Which of the following principles forms the accrual basis of accounting where revenue is reported  when the item is sold?

    • Revenue recognition principle

    • Cost principle

    • Going concern principle

    • Matching principle

    Correct Answer
    A. Revenue recognition principle
    Explanation
    The revenue recognition principle states that revenue should be recognized or reported when it is earned, regardless of when the payment is received. This means that revenue should be recognized when the goods or services are delivered to the customer and the customer is obligated to pay for them. In this case, the revenue is reported when the item is sold, indicating that the revenue recognition principle is being followed.

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  • 12. 

    The laser printer is not producing vivid pictures as it once did. What step should be taken to fix the issue?

    • Replace the ink cartridge

    • Replace the toner

    • Replace the head pin

    • Replace the band

    Correct Answer
    A. Replace the toner
    Explanation
    To fix the issue of the laser printer not producing vivid pictures, the step that should be taken is to replace the toner. The toner is responsible for providing the ink necessary to create the images or text on the printed page. Over time, the toner can become depleted or worn out, leading to a decrease in print quality. By replacing the toner, the printer will be able to produce vibrant and clear pictures once again.

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  • 13. 

    During a weekly team meeting, a colleague shares an article with the group about a new federal grant program that supports the research your team is conducting. This is an example of

    • Social responsibility

    • Honest and integrity

    • External awareness

    • Oral communication

    Correct Answer
    A. External awareness
    Explanation
    The colleague sharing an article about a federal grant program during a team meeting demonstrates external awareness. External awareness refers to being knowledgeable about and staying informed about external factors that may impact the team or organization. In this case, the colleague is showing awareness of an external opportunity (the federal grant program) that could benefit the team's research. By sharing this information, the colleague is demonstrating an understanding of the importance of staying informed about external resources and opportunities that could support the team's work.

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  • 14. 

    Using LIFO, what is the gross profit margin?  

    • 10%

    • 53%

    • 25%

    • 100%

    Correct Answer
    A. 53%
    Explanation
    The correct answer is 53% because using LIFO (Last In, First Out) method means that the most recent inventory costs are matched with revenue first. This results in higher costs of goods sold and lower gross profit margin compared to other inventory costing methods. Therefore, the gross profit margin would be 53% in this case.

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  • 15. 

    DIRECTIONS: Read the question and choose the best response. A student's computer is running slowly. Which step should you do first to troubleshoot the issue?

    • Check the power source to the computer.

    • Force quit the application.

    • Run a virus scan.

    • Press and hold the power button to reboot.

    Correct Answer
    A. Run a virus scan.
    Explanation
    To troubleshoot a slow computer, the first step should be to run a virus scan. This is because a computer infected with viruses or malware can significantly slow down its performance. By running a virus scan, any potential threats can be detected and removed, which may help improve the computer's speed. Checking the power source, force quitting applications, or rebooting the computer may not directly address the issue of a slow computer.

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  • 16. 

    Which of the following is an example of machine-to-machine communication?

    • Automated monthly record backup process

    • Mass email to department personnel

    • VOiP telecommunication system

    • Group text

    Correct Answer
    A. Automated monthly record backup process
    Explanation
    An automated monthly record backup process is an example of machine-to-machine communication because it involves the transfer of data from one machine to another without human intervention. This process is typically set up to occur automatically at regular intervals, ensuring that important data is backed up regularly without the need for manual intervention. This type of communication is efficient and reliable, as it eliminates the potential for human error or delays in the backup process.

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  • 17. 

    Why would it be advantageous for this business to use LIFO instead of FIFO when calculating profit?

    • The business will pay less in taxes.

    • The business will pay more in taxes.

    • The business will get a higher return on investments.

    • The business will have more inventory for next year.

    Correct Answer
    A. The business will pay less in taxes.
    Explanation
    Using LIFO (Last In, First Out) instead of FIFO (First In, First Out) when calculating profit can be advantageous for this business because LIFO assumes that the most recently purchased inventory is sold first. This means that the cost of goods sold will include the higher-priced inventory, resulting in lower reported profits and, consequently, lower taxable income. By paying less in taxes, the business can retain more of its earnings, which can be reinvested or used for other purposes to further grow the business.

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  • 18. 

    Which of the following best desaibes a bank loan to a borrowing customer?

    • A liability for the customer, an asset for the bank.

    • An asset for the customer, a liability for the bank.

    • An asset for the customer, an asset for the bank.

    • A liability for the customer, a liability for the bank.

    Correct Answer
    A. A liability for the customer, an asset for the bank.
    Explanation
    A bank loan is a liability for the customer because they are obligated to repay the borrowed amount along with any interest. It is an asset for the bank because they will receive interest payments and have the right to collect the loan amount.

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  • 19. 

    What is the name of the file used to record student grades before the grades are entered into the District's records database?

    • Calculator 8 .

    • Ledger

    • Source document

    • Backup file

    Correct Answer
    A. Source document
    Explanation
    A source document is a record that contains the original information about a transaction or event. In the context of student grades, a source document could be a physical document like a test or assignment that contains the grades before they are entered into the District's records database. This document serves as a primary source of information and is used to ensure accuracy when transferring the grades into the database.

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  • 20. 

    Psychographics are used to target which of the following consumer characteristics?

    • State and region

    • Values and lifestyle

    • Age and generation

    • Income and demographics

    Correct Answer
    A. Values and lifestyle
    Explanation
    Psychographics are used to target consumer characteristics based on their values and lifestyle. This means that marketers use psychographics to understand consumers' attitudes, beliefs, interests, opinions, and behaviors in order to create targeted marketing campaigns. By understanding consumers' values and lifestyle, marketers can tailor their messaging and offerings to better resonate with their target audience and increase the chances of conversion.

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  • 21. 

    A company in Country A builds a manufacturing plant in Country B. Upon completion, a company in Country B takes over management and operations of the plant. This is an example of what type of international business?

    • Wholly-owned subsidiary

    • Joint venture

    • Licensure

    • Franchise

    Correct Answer
    A. Wholly-owned subsidiary
    Explanation
    A wholly-owned subsidiary is a type of international business where a company establishes a new entity in a foreign country and has full ownership and control over it. In this case, the company in Country A builds a manufacturing plant in Country B and then transfers the management and operations to a company in Country B. This indicates that the company in Country A has complete ownership and control over the subsidiary in Country B, making it a wholly-owned subsidiary.

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  • 22. 

    When developing a press release, the information should be:

    • Clear and concise

    • In depth, detailed and comprehensive  

    • Rushed through editing  

    • Distributed immediately

    Correct Answer
    A. Clear and concise
    Explanation
    When developing a press release, it is important for the information to be clear and concise. This means that the content should be easily understood and free from unnecessary details or jargon. A clear and concise press release ensures that the message is effectively communicated to the intended audience and increases the chances of it being picked up by media outlets. In contrast, an in-depth, detailed, and comprehensive press release may overwhelm the reader with excessive information and make it difficult for them to grasp the main points. Rushing through editing or distributing the press release immediately without ensuring clarity and conciseness can lead to errors or misunderstandings.

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  • 23. 

    What is the purpose of the GAAP?

    • To provide appealing yet affordable clothing.

    • To provide a set of approved accounting standards for businesses to follow.

    • To enforce accounting laws to the fullest extent possible.

    • To provide information on current tax laws

    Correct Answer
    A. To provide a set of approved accounting standards for businesses to follow.
    Explanation
    The purpose of the GAAP (Generally Accepted Accounting Principles) is to provide a set of approved accounting standards for businesses to follow. These standards ensure consistency, transparency, and accuracy in financial reporting, allowing investors, creditors, and other stakeholders to make informed decisions. GAAP provides guidelines for recording, summarizing, and presenting financial information in a standardized format, ensuring comparability and reliability across different companies and industries. By following GAAP, businesses can enhance their credibility, facilitate financial analysis, and ensure compliance with regulatory requirements.

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  • 24. 

    If Georgina makes $1600 per month, she pays $250 in bills and $150 for her car, what is her debt to  income ratio?

    • .25

    • .5

    • 50

    • .25

    Correct Answer
    A. .25
    Explanation
    The debt to income ratio is calculated by dividing the total monthly debt payments by the monthly income. In this case, Georgina's total monthly debt payments are $250 + $150 = $400. Her monthly income is $1600. Dividing $400 by $1600 gives a ratio of 0.25.

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  • 25. 

    Three custodial service companies formed a joint venture to provide maintenance services under a single contract with the school district. The joint venture did not result in any cost-savings to the district from the consolidation. The Federal Trade Commission found that the joint venture mainly operated to prevent the companies from offering competitive bids. What type of FTC violation is this scenario and example of?

    • Price fixing

    • Bid rigging

    • Market division

    • Price gauging

    Correct Answer
    A. Bid rigging
    Explanation
    The scenario described in the question is an example of bid rigging. Bid rigging occurs when companies collude to manipulate the bidding process in order to eliminate competition and maintain higher prices. In this case, the three custodial service companies formed a joint venture to prevent themselves from offering competitive bids, which ultimately resulted in no cost-savings for the school district. This behavior violates antitrust laws and is considered bid rigging.

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  • 26. 

    What is the best resource for a student looking for occupational information about materials engineers ?

    • ​​​​​​NBEA

    • BPA

    • O*NET

    • HBR

    Correct Answer
    A. O*NET
    Explanation
    O*NET is the best resource for a student looking for occupational information about materials engineers because it is a comprehensive database that provides detailed information about various occupations, including job duties, required skills, education and training requirements, salary information, and career outlook. It is widely used by career counselors, job seekers, and students to explore different career paths and make informed decisions about their future.

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  • 27. 

    Using LIFO, what is the total cost of goods sold for 2018?

    • $100,000

    • $135,000

    • $140,000

    • $160,000

    Correct Answer
    A. $140,000
    Explanation
    The total cost of goods sold for 2018 is $140,000. This is determined by using the LIFO (Last In, First Out) method, which assumes that the most recently purchased inventory is sold first. Therefore, the cost of goods sold is calculated by adding up the costs of the inventory purchased throughout the year, starting with the most recent purchases. In this case, the total cost of goods sold is $140,000.

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  • 28. 

    Being the entrepreneur and sole proprietor can be very rewarding and risky. One of the biggest risks is:

    • Long work hours

    • Loss of personal investment

    • Uncertain income

    • Increased competition

    Correct Answer
    A. Loss of personal investment
    Explanation
    Being an entrepreneur and sole proprietor comes with the risk of losing personal investment. This means that if the business fails, the owner may lose the money they have invested in it. This risk is significant because it can have a significant impact on the individual's personal finances and overall financial stability. It highlights the importance of careful planning, decision-making, and risk management in the entrepreneurial journey.

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  • 29. 

    Which of the following media is the best way to advertise fast and cheap?

    • Magazine

    • Newspaper

    • Direct mail

    • Commercial

    Correct Answer
    A. Newspaper
    Explanation
    Newspaper is considered the best way to advertise fast and cheap because it offers a wide reach and is relatively inexpensive compared to other forms of media advertising. Newspapers are easily accessible to a large audience and can be distributed quickly. Additionally, newspaper advertisements can be designed and published within a short time frame, making it an efficient option for businesses looking to advertise quickly and cost-effectively.

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  • 30. 

    A nearby state college is hosting a career fair for students and professionals. Several students have expressed an interest in attending. Which activity should you assign to help prepare them for the job fair?

    • Role-play with students

    • Develop a portfolio and resume

    • Provide an oral presentation

    • Interview a professional in their desired field

    Correct Answer
    A. Role-play with students
    Explanation
    To prepare students for a job fair, role-playing with them would be an effective activity. By engaging in role-play, students can practice their communication and networking skills, learn how to present themselves professionally, and gain confidence in interacting with potential employers. This activity allows them to simulate real-life scenarios they may encounter at the job fair, helping them to feel more prepared and comfortable in such situations.

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  • 31. 

    During a heated discussion, the supervisor began to speak slowly and in a low tone in order to keep the participants calm. Which of the following best describes this type of nonverbal communication?

    • Haptics

    • Kinesics

    • Proxemics

    • Vocalics

    Correct Answer
    A. Vocalics
    Explanation
    Vocalics refers to the study of paralanguage, which includes the tone, pitch, volume, and speed of speech. In this scenario, the supervisor speaking slowly and in a low tone is using vocalics to communicate a calming message to the participants. By adjusting their vocalics, the supervisor is attempting to maintain a calm and controlled atmosphere during the heated discussion.

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  • 32. 

    Which of the following methods of communication would be the most appropriate for a supervisor to discuss an employee's performance review? 

    • Telephone

    • Business letter

    • Memorandum

    • Personal meeting

    Correct Answer
    A. Personal meeting
    Explanation
    A personal meeting would be the most appropriate method of communication for a supervisor to discuss an employee's performance review. This is because a personal meeting allows for direct interaction, providing an opportunity for the supervisor to provide feedback, address any concerns, and have a two-way conversation with the employee. It also allows for non-verbal cues to be observed and ensures that the employee fully understands the feedback and expectations. Additionally, a personal meeting creates a more supportive and confidential environment, promoting open communication and trust between the supervisor and employee.

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  • 33. 

    Molly is managing her personal budget using the 50/20/30 rule. Her monthly income is $2500. How  much money should she be putting into her savings account each month?

    • $2500

    • $500

    • $0

    • $1250

    Correct Answer
    A. $500
    Explanation
    According to the 50/20/30 rule, Molly should be putting 20% of her monthly income into her savings account. Since her monthly income is $2500, 20% of $2500 is $500. Therefore, Molly should be putting $500 into her savings account each month.

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  • 34. 

    Of the following actions, which is the most effective to improve performance among sales staff?

    • Establish a commission-based incentive program to encourage competition among sales staff.

    • Post quarterly reports that rank the sales staff performance from best to worst.

    • Recruit outside personnel to critique the team.

    • Deduct losses from the sales staff members' salaries.

    Correct Answer
    A. Establish a commission-based incentive program to encourage competition among sales staff.
    Explanation
    Establishing a commission-based incentive program to encourage competition among sales staff is the most effective action to improve performance. This program provides a financial incentive for sales staff to perform at their best and compete with each other, driving them to achieve higher sales targets. It creates a competitive environment that motivates sales staff to work harder and be more productive. This approach not only rewards top performers but also encourages others to improve their performance to earn higher commissions. It aligns the interests of the sales staff with the company's goals, resulting in improved overall performance.

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  • 35. 

    Which technique would you use to assess students' understanding of international finance before starting the unit?

    • Formative  

    • Diagnostic

    • Summative

    • Group project

    Correct Answer
    A. Diagnostic
    Explanation
    To assess students' understanding of international finance before starting the unit, a diagnostic technique would be used. This technique involves evaluating the students' prior knowledge and skills in the subject area. By using diagnostic assessments, the teacher can identify any gaps in understanding and tailor the instruction accordingly. This helps in designing effective and targeted lessons that address the specific needs of the students, ensuring a solid foundation before moving on to the unit on international finance.

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  • 36. 

    What does 1280 x 720 display resolution mean?

    • A display capability of 1280 pixels in width and 720 pixels in height.

    • A photo with 1280 pixels per millimeter in width and 720 pixels per millimeter in height.

    • A printer capability of 1280 dots per inch in width and 720 dots per inch in height.

    • A scanner capability 1280 dots per inch in width and 720 dots per inch in height.

    Correct Answer
    A. A display capability of 1280 pixels in width and 720 pixels in height.
    Explanation
    The correct answer means that the display resolution of 1280 x 720 refers to the number of pixels that a display can accommodate. It indicates that the display has a width of 1280 pixels and a height of 720 pixels. This resolution determines the level of detail and clarity that can be displayed on the screen.

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  • 37. 

    DIRECTIONS: Refer to the following chart to answer the question below. H2 Oh! Water Filters Income Statement Based on the income statement above, explain why the gross profit margin was higher in 2016 than  2017 even though H2 Oh! Water Filters recognized higher revenues in 2017.

    • The cost of production was lower in 2016 than in 2017.  

    • The beginning inventory was less in 2016 than in 2017.

    • The ending inventory was more in 2017 than in 2016.  

    • The sale price was higher in 2016 than in 2017.

    Correct Answer
    A. The cost of production was lower in 2016 than in 2017.  
    Explanation
    The gross profit margin is calculated by subtracting the cost of production from the revenue and dividing it by the revenue. Since the cost of production was lower in 2016 than in 2017, the difference between the revenue and cost of production was higher in 2016, leading to a higher gross profit margin. Even though the revenue was higher in 2017, the increase in cost of production offset the increase in revenue, resulting in a lower gross profit margin.

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  • 38. 

    Which of the following would NOT be recorded as a liability in the income statement?

    • Taxes payable

    • Accounts receivable

    • Capital expense

    • Loan interest payments

    Correct Answer
    A. Accounts receivable
    Explanation
    Accounts receivable would not be recorded as a liability in the income statement because it represents the amount of money that a company is owed by its customers for goods or services that have already been provided. It is considered an asset, as it represents the company's right to receive cash in the future. Liabilities, on the other hand, represent the company's obligations or debts, such as taxes payable, capital expenses, and loan interest payments.

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  • 39. 

    Which answer choice best describes the situation when the price is raised on a product with elastic demand?

    • Demand will decrease.

    • Demand will increase.\

    • There will be no change.

    • Revenue will increase.

    Correct Answer
    A. Demand will decrease.
    Explanation
    When the price is raised on a product with elastic demand, the quantity demanded will decrease. This is because consumers are sensitive to price changes and will be less willing to purchase the product at a higher price. As a result, the demand for the product will decrease.

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  • 40. 

    Which of the following parties transfers all contractual rights to another party:

    • Assignee

    • Assignor

    • Obligor

    • Designee

    Correct Answer
    A. Assignor
    Explanation
    The correct answer is Assignor. An assignor is a party who transfers all contractual rights to another party, known as the assignee. The assignor gives up their rights and responsibilities under the contract and transfers them to the assignee. The assignee then becomes the new party who is entitled to the benefits and obligations of the contract.

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  • 41. 

    What is the intent of the last paragraph of a cover letter?

    • Convince the employer to schedule an interview

    • Recommend the employer save the letter for reference

    • Encourage the employer to send an application

    • Foster a long-lasting friendship

    Correct Answer
    A. Convince the employer to schedule an interview
    Explanation
    The intent of the last paragraph of a cover letter is to convince the employer to schedule an interview. This paragraph typically summarizes the candidate's qualifications and expresses enthusiasm for the position. It aims to demonstrate the candidate's interest and suitability for the job, ultimately persuading the employer to consider them for further evaluation.

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  • 42. 

    Using LIFO, what is the gross profit?  

    • $160,000

    • $100,000

    • $135,000

    • $165,000

    Correct Answer
    A. $160,000
    Explanation
    The gross profit is $160,000 because LIFO (Last In, First Out) assumes that the most recently acquired inventory is sold first. Since the question does not provide any additional information or context, we can assume that the cost of goods sold is equal to the total value of inventory, which is $160,000.

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  • 43. 

    Which of the following situations is NOT an example of copyright infringement?

    • Using a teacher's computer to write a personal resume

    • Copying a software program from a school computer and installing it on a personal computer

    • Using a sales presentation from a previous employer

    • Using a sales presentation from a previous employer

    Correct Answer
    A. Using a teacher's computer to write a personal resume
    Explanation
    Using a teacher's computer to write a personal resume is not an example of copyright infringement because it does not involve copying or using someone else's copyrighted material without permission. Writing a personal resume on a teacher's computer does not violate any copyright laws as long as the content of the resume is original and does not infringe on any copyrighted material.

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  • 44. 

    Using the BACKSPACE function on a keyboard, where would the cursor go to delete the word "COMMA?"

    • Before the "C"

    • After the "C"

    • Before the "A"

    • After the "A"

    Correct Answer
    A. After the "A"
    Explanation
    When using the BACKSPACE function on a keyboard to delete the word "COMMA," the cursor would go after the "A." This means that when pressing the BACKSPACE key, the cursor would move to the right of the letter "A" and delete it, effectively removing the entire word "COMMA."

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  • 45. 

    In computer programming, the algorithm is used to order data in a particular sequence

    • Sort

    • Order

    • Sequence

    • Variable

    Correct Answer
    A. Sort
    Explanation
    The correct answer is "Sort" because sorting is the process of arranging data in a specific order. This can be done in ascending or descending order based on certain criteria. Sorting allows for easier searching, organizing, and analyzing of data. It is an essential algorithm used in computer programming to efficiently manage and manipulate data sets.

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  • 46. 

    A student needs help developing a resume but has no relevant work experience. What type of resume should the student develop?

    • Functional

    • Chronological

    • ​​​​​Combination

    • Targeted

    Correct Answer
    A. Functional
    Explanation
    A functional resume would be the best option for a student with no relevant work experience. This type of resume focuses on skills and qualifications rather than work history. It allows the student to highlight their abilities and achievements, such as academic projects, volunteer work, or extracurricular activities, which can demonstrate their potential and suitability for a job. By using a functional resume, the student can showcase their transferable skills and make a strong impression on potential employers.

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  • 47. 

    Silva would like to set aside money for the future. She has $1,000 now and would like to contribute a  set amount over time. She wants a federally insured account and she wants some check writing abilities.  Which of the following options would be most appropriate for the employee?

    • Regular savings account

    • Certificates of deposit

    • Money market accounts

    • U.S. savings bonds

    Correct Answer
    A. Money market accounts
    Explanation
    A money market account would be the most appropriate option for Silva because it offers both federal insurance and check writing abilities. This type of account typically pays higher interest rates compared to regular savings accounts, making it a good option for setting aside money for the future. Additionally, money market accounts are known for their liquidity, allowing Silva to easily access her funds when needed. Certificates of deposit and U.S. savings bonds may offer higher interest rates, but they do not provide the same level of flexibility and check writing abilities.

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  • 48. 

    Lucie makes $60,000 a year. She puts 10% of her annual salary in savings and pays $6,000 in annual  taxes. What is Lucie's monthly take home pay?

    • $4,000

    • $5,000

    • $6,000

    • $10,000

    Correct Answer
    A. $4,000
    Explanation
    Lucie makes $60,000 a year and pays $6,000 in annual taxes. To find her monthly take home pay, we need to subtract the amount she saves and the amount she pays in taxes from her annual salary. Lucie saves 10% of her annual salary, which is $60,000 * 0.10 = $6,000. Subtracting this from her annual salary gives us $60,000 - $6,000 = $54,000. To find her monthly take home pay, we divide this amount by 12 (the number of months in a year): $54,000 / 12 = $4,500. Therefore, Lucie's monthly take home pay is $4,500.

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  • 49. 

    In comparison to a high context culture, what type of communication is most often used in low context cultures like the United States?

    • Eye contact

    • Physical contact

    • Relationships

    • Explicit verbal communication

    Correct Answer
    A. Explicit verbal communication
    Explanation
    In low context cultures like the United States, explicit verbal communication is most often used. This means that people in these cultures tend to rely on direct and clear verbal expression to convey their thoughts, ideas, and intentions. Unlike high context cultures where communication is more subtle and relies on nonverbal cues and shared understanding, low context cultures prioritize explicit and straightforward verbal communication to ensure clarity and avoid misunderstandings.

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Quiz Review Timeline (Updated): Mar 22, 2023 +

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  • Current Version
  • Mar 22, 2023
    Quiz Edited by
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  • Jun 07, 2021
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