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| Section | Weight | Objectives |
|---|---|---|
| Management and Marketing | 12% | - Marketing concepts and strategies
|
| Accounting and Finance | 15% | - Fundamental accounting concepts and processes
|
| Economics | 13% | - Economic systems and performance
|
| Professional Business Education | 7% | - Program and career guidance
|
| Law and International Business | 15% | - Legal principles affecting business
|
| Communication and Career Development | 13% | - Business communication principles and practices
|
| Entrepreneurship | 10% | - Entrepreneurial concepts and processes
|
| Information Technology | 15% | - Technology applications in business
|
1. To exchange one currency for another in international transactions, companies rely on a mechanism called the
A) foreign exchange market
B) international bond market
C) Eurocurrency market
D) international equity market
2. As a consequence of bankruptcies resulting from fraudulent accounting practices and lack of ethical behavior by corporate officials, the United States Congress passed legislation in 2002 in an attempt to increase the accountability of corporate executives. Which of the following laws did Congress pass for this purpose?
A) Robinson-Patman Act
B) Consumer Credit Protection Act
C) Sarbanes-Oxley Act
D) Provide Appropriate Tools Required to Intercept and Obstruct Terrorism (PATRIOT) Act
3. Which of the following types of charts is used with spreadsheets to show the relation between the fractional parts that make up a whole amount?
A) Pie charts
B) Line charts
C) Scatter charts
D) Flowcharts
4. Which of the following management styles supports the idea that employees are just a replaceable resource and not the core of the organization?
A) Autocratic
B) Democratic
C) Laissez-faire
D) Paternalistic
5. The vast majority of funds appropriated in the form of grants under the Perkins Act is awarded to which of the following entities?
A) School boards
B) Career and technology schools
C) State education agencies
D) Early college high schools
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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