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College Business Questions

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College Business Technology
Which of the following is an invention of the Industrial Revolution?
  1. seed drill
  2. radio
  3. telegraph
  4. thresher
College Business Technology
What is Offshoring?
  1. A situation in which an organization asks for or requires employees to take time off for either no pay or reduced pay
  2. The buisness practice of sending jobs to other countries
  3. The process of managing human talent
  4. The process of dismissing employees who are then hired by a leasing company
College Business Technology
What is strategic planning?
  1. A situation in which an organization asks for or requires employees to take time off for either no pay or reduced pay
  2. The buisness practice of sending jobs to other countries
  3. The knowledge, skills, and capabilities of individuals
  4. A statement about where the company is going and what it can become in the future
College Business Technology
When looking at the Human resources triangle what are the three skills or duties that make up an efficient HR manager: 1.(bottom)                         Personnel Credibility                          , 2.(Middle)               HR mastery               , 3.(Top)                   Business mastery                   
College Business Technology
What does HRIS stand for in the context of Human resources?                                     Human Resources Information System                                     
College Business Technology
Six Sigma is a process used to initiate change and to take advantage of targeted opportunities?
  1. True
  2. False
College Business Technology
Globalization is the change initiated to take advantage of the growing population outside of the US.
  1. True
  2. False
College Business Technology
A reactive change is a change that occurs after external forces have already affected performance.
  1. True
  2. False
College Business Technology
What does the SWOT stand for in a SWOT analysis? S           Strength           , W           weakness           , O              opportunity              , T         Threat         
College Business Technology
What is Human Resources Management?
  1. The process of managing human talent to acheive an organization's objective
  2. The act of watching people be managed
  3. The knowledge, skills, and capabilities of individuals
  4. The management or process of working with people of various degrees
College Business Technology
Which of the following is a test that records the electrical activity of the heart?
  1. MRI
  2. EKG
  3. CAT scan
  4. EEG
College Accounting
If beginning capital was $25,000, ending capital is $37,000, and the owner?s withdrawals were $23,000, the amount of net income or net loss for the period was:
  1. Net loss of $35,000
  2. Net income of $35,000
  3. Net income of $14,000
  4. Net loss of $14,000
  5. None of the options listed
College Business Technology
The customers, employees, stockholders, suppliers, creditors, and others who stand to gain or lose by the policies and activities of a business represent the firm's:
  1. market makers
  2. economic environment
  3. stakeholders
  4. social mentors
College Accounting
Debts incurred and not yet paid.                   Accounts Payable                   
College Accounting
During the month of May, Marty's Mini-Mart purchased supplies totaling $3,400. A count in the storeroom on May 31 indicates that that supplies on hand amount to $750. The supplies on hand at the beginning of the month total $825. What amount will be recorded as an expense on May 31 in Marty's income statement?
  1. $ 75
  2. $ 3,475
  3. $ 4,150
  4. $ 4,225
College Accounting
The accrual basic of accounting recognizes revenues and expenses when:
  1. Revenues are earned and expenses are paid
  2. Revenues are received and expenses are incurred
  3. Revenues are received and expenses are paid
  4. Revenues are earned and expenses are incurred
College Business Technology
The three aspects of human resources triangle that deal specifically with the person are:       Self       ,      Job      ,          Family         
College Accounting
In the accounting equation: A=L+E, what does E stand for?
  1. Event
  2. Equal
  3. Everything
  4. Equilibrum
  5. Equity
College Accounting
Working capital is a measure of:
  1. Consistency
  2. Liquidity
  3. Profitability
  4. Solvency
  5. None of the options listed
College Accounting
Incurring an expense before cash is paid is an example of what kind of adjustment?
  1. Accrued Liability
  2. Deferred Expense
  3. Accrued Asset
  4. Deferred Revenue
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