Deca finance - Study guides, Class notes & Summaries

DECA Finance Exam 2023 with complete solution

DECA Finance Exam (Latest 2023 – 2024) Complete Solution

debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. - Many affinity scams involve Ponzi or Pyramid sche...

DECA Practice Test Questions with 100% Correct Answers 2024/2025 Which of the following would probably use a longer channel of distribution than the others: a) A bag of oranges b) A printing press c) An airplane d) A bottle of shampoo - ANSWERSd) A bottle of shampoo Electronic billing, purchase-order verification, bar-code technology, and image processing are examples of: a) functions of the finance department b) horizontal channel integration c) integrated data between channel m...

DECA Finance Terms Questions and answers

DECA Finance Cluster Exam – 101 Questions And Answers

When filing a tort against a business, the plaintiff must establish that the defendant Breached the duty of care. Which of the following is an example of a voluntary debtor-creditor relationship: Obtaining a loan from a bank. Chris purchased 500 shares of microcap HRR stock. Then, he posted false information about HRR on several investment websites to hype up the stock. After driving up the price of HRR stock, Chris quickly sold all of his stock in the company and earned a larg...

DECA Finance Exam 2023 with complete solution debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. - Man...

DECA Business Finance Exam - Q & A Cost Analysis Used to determine the costs associated with a variety of business functions and activities Accrual Accounting System Records a business's financial transactions at the time they occur, even if the money is not exchanged at the time Manual Accounting System System which processes financial information by hand External Audience Consists of businesses or individuals who are not involved in the day to day operations of the business Bear Market When...

DECA Finance Exam 2023 with complete solution debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. - Man...