Deca business finance - Study guides, Class notes & Summaries

DECA: Principles of Business Management and Administration Exam solution guide. Discuss the nature of law and sources of law in the United States. Describe the United States' judicial system Describe legal issues affecting businesses (SP) Identify the basic torts relating to business enterprises (SP) Describe the nature of legally binding contracts (SP) - Describe the nature of legal procedure (SP) - Discuss the nature of debtor-creditor relationships (SP). Explain the ...

DECA practice test Study Guide with Complete Solutions Which of the following business activities would be most affected by weak economies, pricing pressures, regulatory changes, and global supply chain disruptions: - Answer-International risk management Which of the following types of goods do marketers classify according to their uses: - Answer-Industrial Which of the following is a technological tool that a financial institution might use to quantify potential losses related to invest...

Hospitality Exam 1023 DECA With Questions And Answers sole proprietorship form of business ownership in which the business is only owned by one person, and that person receives any profits made by the business merger absorption of one company by another company partnership owned by two or more people and the profits are split between them corporation owned by people who own stock in the business and split the profits channels of distribution a chain of businesses or int...

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 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 Questions & Answers "bottom line" - ANSWER: net income 52- week high and low - ANSWER: highest and lowest prices paid for the stock in a year absolute advantage - ANSWER: produce at a cheaper price (certain product) than ohter countries accounts payable reports - ANSWER: identify vendors to whom the business owns money Accrual Accounting System - ANSWER: Records a business's financial transactions at the time they occur, even if the money is not exchanged at the t...

DECA Practice Exam 100 Questions & Answers_ Updated Fall 2022. A developer proposed a technological improvement to a product you sell. In his proposal, he tells you this improvement betters the product because it makes it safer for the customer to use it. Because of this, customer injuries should decrease. He tells you the value added to the product because of this new technology is substantial. What question should you ask to further make sure this technological advancement makes your pro...

Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9% How does Awesome Sweets know if the 6.9% ROA is a good return to attract possible investors? The return on assets (ROA) would have to be compared to the ROA's of competing businesses that sell the same type of products. If 6.9% is higher than the ROA of other companies in the same type of business, then it would be a good investment. A field of accounting that...

DECA Business Finance Principles

DECA Finance Exam questions with correct answers 2023debtor-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 gro...