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Questions in business

📝 Answered - What is one of the reasons marketing is essential to the free market system? A. It helps educate consumers about competitive products. B. It ensures that companies make a healthy profit. C. The sales of advertising makes television programming possible. D. It employs more people that any other career group.

📝 Answered - Which life insurance feature allows an insured to exchange a term policy for a policy? A. Convertibility B. Incontestability C. Reentry

📝 Answered - Ross & Co. is engaged to perform a financial statement review. During which period or periods is the firm required to be independent? A. Period covered by the financial statements only. B. Period of professional engagement only. C. Period of professional engagement and, in some cases, the period covered by the financial statements. D. Period of professional engagement and, in all cases, the period covered by the financial statements.

📝 Answered - What register task requires the sales associate to inspect the item before accepting it? A. Making a cash drop B. Processing a return C. Applying a discount D. Accepting a gift certificate

📝 Answered - Julio, a tax preparer, encounters an ethical issue related to an individual client. Which source of rules would be least likely to lead Julio to understand his professional responsibilities? A. IRS Circular No. 230 B. Statements on Standards for Tax Practice C. AICPA code D. SEC Rule 2-01

📝 Answered - Emma usually has about $1000 in her account at any given time during the month. She usually visits the ATM twice a week and is interested in online banking options. Bank R has 10 ATMs within a 5 mile radius of Emma's home. Bank S has 1 ATM 10 miles from Emma's work. Which bank should she choose? A. Bank R B. Bank S C. Bank T D. Bank R and S

📝 Answered - What are the six Holland types? Realistic, investigative, artistic, social, and

📝 Answered - If the market price moves from one point on a demand curve to another point on the curve, what has happened to total market demand? A. The total market demand has not changed. B. The total market demand has increased. C. The total market demand has been adjusted by a change in supply. D. The total market demand has decreased.

📝 Answered - HR policies are designed to: (A) Regulate employee behavior (B) Increase product sales (C) Improve financial outcomes (D) Reduce production costs

📝 Answered - Which of these is NOT on the dangerous goods list? A. Perishable food products B. Lithium batteries C. Paints and solvents D. Flammable solids