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Deca practice test questions With verified answers
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Deca practice test questions With verified answers
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Deca practice test questions Withverified answers
1. Which type of business ownership would help a small business by taxing its owners as individuals?
A. Subchapter "S" corporation
B. Open corporation
C. Franchise
D. General partnership - correct answer ✔✔A
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a state-chartered corporation
developed to help small businesses by saving them money on taxes if they meet certain conditions. It is
limited to 75 or fewer shareholders, has limited shareholder liability, and requires little financial
reporting.
An open corporation usually sells millions of shares of stock to many stockholders, pays corporate taxes,
and must make its financial information available to the general public. A general partnership is an
agreement in which all partners are liable for a business's losses. A franchise is a contractual agreement
between a parent company and a franchisee to distribute goods and services.
3. Which of the following usually is the first step in applying written directions to achieve tasks:
A. Reading
B. Listening
C. Speaking
D. Questioning - correct answer ✔✔A
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a state-chartered corporation
developed to help small businesses by saving them money on taxes if they meet certain conditions. It is
limited to 75 or fewer shareholders, has limited shareholder liability, and requires little financial
reporting.
An open corporation usually sells millions of shares of stock to many stockholders, pays corporate taxes,
and must make its financial information available to the general public. A general partnership is an
, agreement in which all partners are liable for a business's losses. A franchise is a contractual agreement
between a parent company and a franchisee to distribute goods and services.
One computer tool that a businessperson can use to organize online information for a research report is
A. index cards.
B. mind-mapping programs.
C. statistical applications.
D. online survey services. - correct answer ✔✔A
Reading. The first step in applying written directions to achieve tasks usually involves reading the
directions. Employees need to understand the written directions before they can apply them. Therefore,
reading for understanding and meaning is an important step. Employees should listen if the directions
are
given verbally rather than in writing. If employees do not understand the written directions, they might
speak to a manager and ask questions for clarification. However, they should first read the directions.
13. Luke is writing a complex report that will be submitted to the company's board of directors. He has
collected relevant information that he would like to provide to the audience—information that is not
necessary to include in the body of the report. In what section of the report should Luke include this
supplemental information?
A. Table of contents
B. Bibliography
C. Executive summary
D. Appendix - correct answer ✔✔D
Appendix. Supplemental information for long or complex reports is presented in an appendix, which is a
separate section placed at the end of a report. The information in the appendix might contain graphs,
text, or a combination of both elements. A bibliography is a component of a report that summarizes the
information sources that the writer used to prepare the report. An executive summary is an overview of
the entire report. The table of contents is the portion of a long report in which the sections are listed
with
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