finance

When the Consumer Price Index (CPI) increases sharply, stock prices usually

fall

What type of service might a bank provide a business that needs to borrow funds for a short time period?

line of credit

Fire and police protection is the main responsibility of

local government

One reason that some U.S. businesses have moved their operations to foreign countries is to

lower labor cost

Anti trust laws are designed to

maintain competition

Which of the following is not a way to motivate employees?

make all decisions for them

In addition to careful planning, what else can a business do to reduce risk?

make reasonable decisions as new conditions develop

Which of the following is an example of a non-deposit financial institution.

mortgage company

What type of investment involves several people pooling their money to purchase stocks and bonds?

mutual funds

Electric storms, floods and earthquakes are examples of _________risks.

natural

If you live in a very small community with a limited pool of available workers, what would be the best way to recruit employees from other nearby communities?

online advertising

Which of the following financial markets sells new stocks or bonds to investors?

primary capital market

Which option shows exactly how the document will look when printed?

print preview

Which of the following types of insurance would cover the cost to repair your office if it were damaged by fire

property

A code of ethics is designed to

provide guidelines for proper behavior

The American with Disabilities Act (ADA) requires a company

provide training to people with disabilities

When an emerging market suffers an economic decline, foreign investors usually

quickly withdraw their money from the emerging market

Which of the following jobs involves determining the value of property:

real estate appraiser

The goals of the finance function are to ensure profitability and to

reduce risk

A(n) _____tax is a common source of revenue for state and local governments.

sales

Cocoa beans and corn are examples of investments that people make in which of the following markets:

soft commodities

Falling interest rates typically cause

stock prices to increase

Which of the following levels of management of responsible for assigning tasks to employees and ensuring quality?

supervisory level

Successful bank managers and supervisors usually move up the career ladder as a result of beginning their employment as

tellers

Companies that operate at the international level should be aware of political factors that affect trade, such as civil unrest or

embargoes

Business risks that are caused by changes in the market are called________________risks.

economic

Which of the following business activities keeps records of the business's expenses:

accounting

When providing services to clients, financial professionals have the responsibility to supply

accurate information

Which of the following is not a risk associated with doing business in another country?

all of the above are risks

Which of the following is not a strategy for dealing with risks?

assign risk

A business can create a wholly owned subsidiary by building a facility in a foreign market or by

buying an existing firm in the market

Determining which projects a business should invest in is known as

capital budgeting

Brian recently got his first part-time job as a food bagger at a local grocery store. He needs a safe place to store income that allows him to withdraw money easily and frequently. Brian should consider opening a(n) ________account

checking

Which of the following is not a strategy for dealing with global risk?

conduct business in only one country to minimize the risk

A _____________ would protect the composer's music score?

copyright

Which of the following are examples of deposit -taking financial institutions?

credit unions,savings and loans associations, and commercial banks

Which of the following do not make regular use of the accounting information of a business:

customers

A business can reinforce a service orientation in a positive way by developing and distributing promotional materials that

describe its products' features and benefits clearly

Which of the following is not a factor contributing to financial convergence and consolidation

desire for illiquid assets

A manager is most likely to use financial information when

determining resources available for a new project

The primary purpose of the accounting process in a business is to track

financial transactions

What is another name for an unordered list?

free structure list

Which of the following is not a reason for faster-than-average employment growth of financial analysts and personal financial advisors:

generally speaking, the US population is worse off financially than before

Which of the following affects the business environment because it provides the most options to the consumer

global competition

An example of a non-renewable resource would be

gold

The impact of some business risks can be reduced if the business transfers the risk to another business by

hiring a risk specialist

The finance function ensures a companies financial goals are

in line with organizational priorities

When nominal Gross National Product (GNP) increases the money supply typically

increases

To keep communication flowing with other departments, the finance function depends on

information systems

What is the vertical line called in a word document that shows where text can be inserted?

insertion point

The insurance industry generates funds needed to pay claims of policyholders by

investing money from premiums

How has globalization affected consumers?

it has given them a bigger and better variety of products to choose from

How does technology affect a business's customers?

it influences what they want and need

Which of the following is a requirement for a good accounting system:

it should provide needed information quickly

Which of the following is not included in a job offer?

job analysis

A collection of tasks and duties that an employee is responsible for completing is a

job description

Conducting a risk assessment involves all the following except

learning the risk your business faces

Which of the following types of insurance would cover losses your business incurred as a result of selling a faulty product that has injured someone?

liability

What is the primary function of the foreign exchange market?

to trade currency

In a software program what type of button turns a feature off and on?

toggle

Thad is investing in a money market, which buys and sells products such as

treasury bills

One of the responsibilities of finance professionals is to provide clients with services that the clients usually are

unable to obtain by themselves

When an economy is struggling, customers are less likely to make discretionary purchases. Which of the following is an example of a discretionary item?

vacation