Exam (elaborations)
Professional Communications iCEV Exam Questions with Correct Answers
Professional Communications iCEV Exam
Questions with Correct Answers
The focus of the maturity stage (stage 3) in the product life cycle is to build customer satisfaction and
recognize competitors entering the market. - ANSWER-False
The employment process is carried out by which department? - A...
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Professional Communications iCEV Exam
Questions with Correct Answers
The focus of the maturity stage (stage 3) in the product life cycle is to build customer satisfaction and
recognize competitors entering the market. - ANSWER✔✔-False
The employment process is carried out by which department? - ANSWER✔✔-Human Resources
Which type of business produces processed goods by changing raw goods into a more finished form? -
ANSWER✔✔-Processors
A system used to record, classify, summarize and report the financial position of a business is known as
which of the following? - ANSWER✔✔-Accounting
Which of the following is NOT one of the modes of transportation distribution typically uses? -
ANSWER✔✔-Cable
Which of the following is the goal of the finance department? - ANSWER✔✔-Determining the use of
company resources and funds
Intrinsic motivation occurs internally and includes enjoyment and accomplishment. - ANSWER✔✔-True
Psychological needs are those for necessities such as safety, security and health. - ANSWER✔✔-False
Group training gives employees hands-on practice with supervision. - ANSWER✔✔-False
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Which of the following is an example of a non-profit organization? - ANSWER✔✔-Salvation Army
Which of the following accurately defines quantitative? - ANSWER✔✔-Involving numbers or based on
quantity
The number on the bottom of a fraction is known as which of the following? - ANSWER✔✔-Denominator
David is making gravy and his recipe calls for a ratio of two tablespoons of flour to one cup of broth. If he
intends to use four cups of broth, how many tablespoons of flour will he need? - ANSWER✔✔-Eight
A cone is 10 inches tall and has a radius of 4 inches. What is the cone's volume? - ANSWER✔✔-167.5
cubic inches
Devin is taking inventory of office supplies so he knows what he should order. He discovers he has 3 ink
cartridges and 6 boxes of paper, but he needs to have 10 ink cartridges and 25 boxes of paper in stock.
How many of each does he need to order? - ANSWER✔✔-7 ink cartridges and 19 boxes of paper
According to the presentation, solving math problems requires how many steps? - ANSWER✔✔-Five
When completing mathematical calculations, which of the following should be completed last? -
ANSWER✔✔-Addition and subtraction
Jada is a truck driver and she needs to know how far she can go with the fuel left in her tank. She has
120 gallons and gets 6 miles on each gallon. How many miles can she drive? - ANSWER✔✔-720 miles
Alberto is a lawyer and needs to calculate how much to charge a client for his services. He charges $225
for each hour. He spent 2 1/4 hours consulting with the client, 4 1/2 hours researching the client's case, 3
hours negotiating with the other party's lawyer, and 3 1/2 hours drawing up and filing court papers. How
much will he charge? - ANSWER✔✔-$2,981.25
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Joe is installing a light fixture on a wall using a 10-foot ladder. A flower garden is planted along the wall,
so Joe must place his ladder 6 feet away from the wall. How high up the wall will his ladder reach? -
ANSWER✔✔-8 feet
Which of the following types of utility enhances value by creating more useful or desirable products out
of raw materials or separate parts? - ANSWER✔✔-Form
When companies are understaffed employees can become overworked, cause a hostile work
environment and increase the time of production. - ANSWER✔✔-True
An economic system in which there is increased government involvement where the goal is to keep
prices low and provide jobs for everyone is known as which of the following? - ANSWER✔✔-Socialism
Unprofitable firms negatively affect the economy by increasing the job market and increasing salaries
and benefits. - ANSWER✔✔-False
Which of the following is NOT one of the basic economic questions listed in the presentation? -
ANSWER✔✔-When will we produce those goods and services
When describing supply and demand, which of the following defines when a product is demanded in
larger quantities than is produced? - ANSWER✔✔-Shortage
Gross National Income includes all of the income earned by a country's residents and businesses
including those earned abroad. - ANSWER✔✔-True
Current events can impact personal financial decisions, particularly through the stock market? -
ANSWER✔✔-True
A country possessing unique resources or capabilities to allow the lowest cost of production for a
product is known as which of the following? - ANSWER✔✔-Absolute advantage
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Protection for business, individuals and resources are NOT provided by which of the following types of
government departmental regulation? - ANSWER✔✔-NHAC
For what type of data are scatter charts used? - ANSWER✔✔-Complex sets of data which contain a large
amount of details
A child care center would like to compare straightforward and simple data such as a student's favorite
color. Which of the following graphs would be best to use? - ANSWER✔✔-Pie Chart
If a company is able to use data to better predict the amount of inventory they need to have on hand,
which type of projection are they using? - ANSWER✔✔-Sales Projection
What are a company's sales in proportion to the total sales within a market? - ANSWER✔✔-Market
Share
Which of the following is the range for the numbers 44,47,49,53,55,62,63,63,68 and 74? - ANSWER✔✔-
30
If the resources a company uses increase in cost, which type of projection could this effect? -
ANSWER✔✔-Supply and demand projection
Which of the following describes statistics? - ANSWER✔✔-The collection, organization and analysis of
numerical data, especially of survey results
If a company tracks how many customers visit their website by clicking on a link from a web banner, how
can they use the results in the future? - ANSWER✔✔-Advertising effectiveness projection
Which of the following is the mean of the numbers 67,69,73,56,54,62 and 77? - ANSWER✔✔-65.43
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