DECA: BFS 2015 Questions
encryption techniques
To secure confidential financial data that are transmitted through the Internet, businesses often use
Storyboard
Todd created a graphic organizer to illustrate his business's quality-control processes. He used a combination of pictures, graphs, and simple statements to sequentially present the information. What did Todd develop?
When consumer spending increases
Under what circumstances would stock prices increase?
herd behavior among investors.
Financial globalization tends to cause an increase in
help to motivate employees.
Group orientation sessions for new employees are very important because they
Credit Union
Henry is a professional banker. Only certain people--"members"--may save at or borrow money from his deposit-taking financial institution. Henry most likely works for a(n)
obstruction of justice
If an accounting firm deliberately conceals information about a client's financial status, the government may charge the business with
timing
In relation to recording business transactions, a primary difference between the cost and accrual accounting systems is
website
Job seekers can often find out about local employment opportunities by accessing a business's
To avoid being denied credit
Why is it important for individuals to periodically validate their credit histories?
Data-definition
Yvonne is running a query to create, delete, or modify other database objects. What type of query is Yvonne running?
exceeding customer expectations
"Big Q" focuses on
Artificial neural networks
A business owner is concerned that some of his employees may be using their company credit cards to make personal purchases. Which data-mining technique should the owner use to review the employees' credit card transactions each month to identify questionable transactions?
7.58%
A mutual fund's total liabilities are $5,600,000, and its assets total $7,950,000. There are currently 31,000,000 shares outstanding. What is the net asset value of the fund?
1.05%
According to today's stock quotation table, the current price of Macy's stock is $18.99 per share. Last year, the company paid investors a dividend of $0.20 per share. What is the current yield on Macy's stock?
is short and typed
After a job interview, an applicant should prepare a follow-up letter that
stockbroker
After passing the General Securities Registered Representative Examination or the Canadian Securities Course exam, a businessperson obtains licensure or certification that allows him/her to work as a(n)
Steward
By protecting financial information from tampering, loss, and unauthorized use, a financial-information management professional acts as a(n) __________ of that financial information.
$6,500
Calculate a business's total cash receipts for one month if it had cash sales of $6,500, credit sales of $2,450, cost of goods sold of $2,725, and total expenses of $1,980.
create a favorable impression.
One of the major functions of business maintenance is to
guide her decision making
Susan wants to obtain a loan to purchase business equipment. She calls different banks to obtain information about the interest rates and the types of loans available, so she can determine which bank is the best option. Susan is analyzing the financial information that she is collecting to
Treasury Bills
Thad is investing in a money market, which buys and sells products such as
Affinity Fraud
Walt purchased stock based on false information from an online message board. The scammers who posted the information had purchased the stock and hyped it up on the Internet to encourage unsuspecting investors to buy it and drive up its price. After the price went up, the scammers sold off their stock. The price of the stock then fell, leaving Walt with worthless stock. Walt was the victim of?
Serves as a temporary holding area for files and programs
What is the primary function of the Random Access Memory (RAM) component of a computer?
To highlight reference material
What is the purpose of developing and using graphics in business reports?
Income
What type of tax are businesses required to pay on the profits they earn?
Purchasing Power
What usually decreases as the rate of inflation increases?
take personal responsibility for making the changes
When making a plan for improvement, the coachee's job is to
Revenue recognition
Which of the following budgeting software applications tracks a business's cash, interest, and dividends
"Confidence in itself is the secret of success"
Which of the following demonstrates the correct method to ensure that all words in a phrase are included in a web search
Environmental
Which of the following factors affecting the business environment is represented by the business's location:
Education
Which of the following is a financial want rather than a financial need:
Scheduling
Which of the following is a production activity
Comparative statement
Which of the following is a tool that enables financial managers to identify changes or trends in production costs by reviewing the same types of data from different periods of time
Interoffice memo
Which of the following is an example of persuasive messages that businesses write:
Tax increases
Which of the following is an uninsurable external risk to businesses
Desire for illiquid assets
Which of the following is not a factor contributing to financial convergence and consolidation:
Actively participating in a local professional association for the finance industry
Which of the following would afford finance professionals the best opportunity to build long-lasting relationships with other finance professionals
Small businesses
Which type of business is known for often being the most innovative?