Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
BML Final Set 16
Test Description: BML Final Set 16
Instructions: Answer all questions to get your test result.
1) Which of these is an uncontrollable risk?
A
loss from poor accounting
B
earthquake
C
driving
D
fire
2) A risk that involves possible injury to your health is a
A
personal risk.
B
liability risk.
C
non-economic risk.
D
property risk.
3) A risk that involves possible injury to someone else's health or property from your actions is a
A
personal risk.
B
liability risk.
C
property risk.
D
non-economic risk.
4) A risk that involves possible damage to an item that you own is a
A
property risk.
B
non-economic risk.
C
liability risk.
D
personal risk.
5) A risk that involves injury to your ego or reputation is a
A
non-economic risk.
B
property risk.
C
liability risk.
D
personal risk.
6) The first step of the CPI process is to
A
improve process quality.
B
set goals.
C
involve all employees.
D
select measurement tools.
7) Laws protect consumers from all of these unfair business practices EXCEPT
A
false advertising.
B
deceptive packaging.
C
products becoming out-of-date too quickly.
D
misleading labeling.
8) A cash flow statement
A
reflects all liquid assets.
B
is made after the budgeting process is complete.
C
only reflects income, not expenses.
D
helps you develop and determine budget categories.
9) Which of these is not generally a goal of a business budget?
A
Determining how to distribute income to cover expenses.
B
Determining sources and amounts of income.
C
Rewarding investors with any profits.
D
Convincing suppliers to accept reduced payments to help the business avoid financial losses.
10) The first step of the budgeting process is to
A
calculate all types of incomes and expnses to determine if there is a net profit or loss.
B
gather financial information.
C
explain the budget to individuals who make financial decisions.
D
prepare a list of all types of incomes and expenses that are part of the budget.
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?