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SEM II 3.02 Expenses
Test Description: SEM II 3.02 expenses
Instructions: Answer all questions to get your test result.
1) A gala post-awards party was organized for the recipients and sponsors of the annual charity event. The expense for this affair would be categorized as:
A
Talent
B
Event
C
Travel
D
Administrative
2) A social event honoring the professional golfers who raised money for the charity tournament was held at the Hyatt Regency. The expense for this party would be categorized as:
A
facility
B
event
C
administrative
D
advertising
3) A local top 40 band was hired to provide entertainment at a social function following the tennis tournament. This is an example of which category of expenses?
A
administrative
B
production
C
travel
D
event
4) A generous prize purse was offered to the top race finishers and those runners setting course records. The prize purse is an example of which category of expenses?
A
travel
B
administrative
C
production
D
event
5) The film crew in Wilmington was hired for a four-week contract. They were paid an allowance for their daily expenses. This is an example of which category of expenses?
A
travel
B
production
C
event
D
administrative
6) You hire extra staff to work the charity golf tournament. This expense is part of which budgetary expense?
A
event
B
administrative
C
talent
D
production
7) The government mandates worker compensation coverage for employees. These insurance premiums are expenses categorized as:
A
Administrative
B
Accessibility.
C
Staffing
D
Compensation
8) Expenses for the figure skating judges and officials at a national championship would be categorized as which type of expense?
A
Event
B
Production
C
Administrative
D
Travel
9) Sixty percent of monies are allocated for player/personnel. This is an example of companies defining:
A
Annual costs of doing business.
B
advertising expenses
C
Monthly production costs
D
Facility expenses.
10) You hire extra staff to work the charity golf tournament. This expense is part of which budgetary expense?
A
production
B
administrative
C
event
D
talent
*select an answer for all questions
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