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| Section | Weight | Objectives |
|---|---|---|
| Economics | 13% | - Fundamental economic concepts
|
| Management and Marketing | 12% | - Management principles and functions
|
| Law and International Business | 15% | - Legal principles affecting business
|
| Accounting and Finance | 15% | - Personal and business financial management
|
| Communication and Career Development | 13% | - Career development and employability skills
|
| Professional Business Education | 7% | - Program and career guidance
|
| Entrepreneurship | 10% | - Business organization and planning
|
| Information Technology | 15% | - Technology concepts and tools
|
1. Membership in which of the following Career and Technical Student Organizations is best for a student interested in an accounting career?
A) SkillsUSA
B) Technology Student Association
C) Family, Career and Community Leaders of America
D) Business Professionals of America
2. Of the following, the factor generally considered to be the most important in determining the success of a typical convenience store is
A) pricing analysis
B) promotional programs
C) analysis of distribution
D) store site
3. The primary goal of just-in-time inventory planning is to
A) reduce ordering costs
B) reduce the likelihood of running out of inventory
C) increase the space allocated for storing inventory
D) reduce the amount of inventory kept on hand
4. A small hardware store purchases 5 hammers for $5 each and sells the hammers for $9 each. Which of the following amounts represents the total gross profit?
A) $20
B) $45
C) $4
D) $25
5. Which of the following is the best way for a person to gain the job experience needed in a particular area?
A) Networking with friends and family
B) Finding and obtaining an internship
C) Visiting an employment agency
D) Researching employment websites
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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