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20 Cards in this Set
- Front
- Back
A command economy is characterized by?
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the government controlling prices and production
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Which of the following is not a responsibility of the Securities and Exchange Commission (SEC)?
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setting interest rates
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in marketing, the demand for a product is directly influenced by?
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Both A & B
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The Sarbanes-Oxley Act of 2002:
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Was intended to fight corporate and accounting fraud
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A market in which product availability exceeds demand is called a:
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Buyer's market
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Which of the following is NOT a part of Maslow's hierarchy of needs?
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Supply and demand
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Which of the following countries is not part of NAFTA?
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China
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A consumers credit score is directly influenced by which of the following factors?
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Debt repayment history
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Upon which organization does the international community primarily rely to deal with claims of unfair protectionism by one country against another?
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World Trade Organization (WTO)
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A homeowner is attempting to choose between several mortgage loans for a 200,000 home. Which of the following would have the lowest monthly payment?
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A 30-year fixed rate mortgage at 6%
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the biggest factor that leads American companies to manufacture their products overseas in developing countries like China and India is?
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Lower labor costs
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Which of the following correctly summarizes the accounting equation for a sole proprietorship?
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Assets = Liabilities + Owner's equity
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In order to present a business plan to a group of potential investors, a businessperson would most likely use which software?
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Powerpoint
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In order to start an online business, and individual would need all but which of the following?
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A fax machine
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Which of the following types of assets would not be subject to depreciation?
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Real estate
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When itemizing deductions on a federal tax return, an individual taxpayer may be able to deduct all but which of the following?
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Groceries
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Which of the following terms best describes a situation where an individual enters into an agreement with a company...
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Franchise
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The party value of a bond is the
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Amount paid when the bond matures
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Which of the following best describes Congress purpose in setting up Freddie Mac in 1970?
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Expanding opportunities for home ownership
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Which of the following countries would be considered an emerging market?
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India
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