IBTStudyGuide4 Question Preview (ID: 37592)


IBTStudyGuide4. TEACHERS: click here for quick copy question ID numbers.

Includes all the activities involved in obtaining, preparing, and compensating employees.
a) staffing
b) organizing
c) planning
d) implementing

The direction for a business comes from its
a) Mission statement
b) Code of ethics
c) Corporate bylaws
d) Policy manual

Which of these is NOT a part of the decision-making process?
a) Identify the decision to be made
b) Make the decision
c) Evaluate the decision
d) Ask others for their input

Liabilities are
a) what company owes
b) the value of the owners' investments in the company
c) what a company owns
d) what a company has on hand to sell

A company's sales and profits for a specific period are listed in the company's
a) income statement
b) operating budget
c) balance sheet
d) cash budget

All income that a business receives over a period of time.
a) current assets
b) asset records
c) expenses
d) revenue

The costs of operating a business.
a) revenue
b) expenses
c) asset records
d) current assets

In Excel, what function adds all of the numbers in a range of cells?
a) calculate
b) SUM
c) compute
d) add

In Excel, what is the name of the small black square in the lower-right corner of the heavy border of an active cell that repeats a cell's value in adjacent cells?
a) filler
b) copy handle
c) fill handle
d) copy box

Take-home pay is the amount you have left in your paycheck
a) after you pay your bills for the week
b) after taxes and deductions
c) before taxes and deductions
d) before you pay your bills for the week

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