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DECA Practice Tests Exam Questions Multiple Choice with Complete Solutions
DECA Practice Tests Exam Questions 
Multiple Choice with Complete Solutions 
What do business owners consider when they select a business ownership 
structure? 
a. Product versatility, financial needs, and advertising strategies 
b. Personal circumstances, financial needs, and the type of business 
c. Product versatility, advertising strategies, and personal circumstances 
d. Personal circumstances, type of business, and product mix - B 
One business promising to do something for another busines...
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- Exam (elaborations)
- • 11 pages •
DECA Practice Tests Exam Questions 
Multiple Choice with Complete Solutions 
What do business owners consider when they select a business ownership 
structure? 
a. Product versatility, financial needs, and advertising strategies 
b. Personal circumstances, financial needs, and the type of business 
c. Product versatility, advertising strategies, and personal circumstances 
d. Personal circumstances, type of business, and product mix - B 
One business promising to do something for another busines...
Deca Practice Test Exam Questions and Answers 100% Solved | Rated A+
Deca Practice Test Exam Questions and 
Answers 100% Solved | Rated A+ 
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 - A 
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a statechartered corporation 
developed to help small businesses by saving them money on taxes if they 
meet certain conditions. It is 
lim...
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- Exam (elaborations)
- • 27 pages •
Deca Practice Test Exam Questions and 
Answers 100% Solved | Rated A+ 
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 - A 
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a statechartered corporation 
developed to help small businesses by saving them money on taxes if they 
meet certain conditions. It is 
lim...
DECA Practice Exam Questions with 100% Correct Answers
DECA Practice Exam Questions with 
100% Correct Answers 
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 product b...
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- Exam (elaborations)
- • 16 pages •
DECA Practice Exam Questions with 
100% Correct Answers 
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 product b...
DECA Marketing Cluster Exam Questions and Answers 100% Solved
DECA Marketing Cluster Exam 
Questions and Answers 100% Solved 
Exclusive Distribution - Situation where suppliers and distributors enter 
into an exclusive agreement that only allows the named distributor to sell a 
specific product. 
Electronic Data Interchange (EDI) Systems - The electronic interchange 
of business information using a standardized format; a process which 
allows one company to send information to another company electronically 
rather than with paper. 
Trading Partners - Busi...
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- Exam (elaborations)
- • 14 pages •
DECA Marketing Cluster Exam 
Questions and Answers 100% Solved 
Exclusive Distribution - Situation where suppliers and distributors enter 
into an exclusive agreement that only allows the named distributor to sell a 
specific product. 
Electronic Data Interchange (EDI) Systems - The electronic interchange 
of business information using a standardized format; a process which 
allows one company to send information to another company electronically 
rather than with paper. 
Trading Partners - Busi...
DECA Finance Test Review Questions and Answers 100% Solved
DECA Finance Test Review Questions 
and Answers 100% Solved 
Accountant - an individual who has had specialized training in 
accounting procedures 
Accounting - The process of keeping and interpreting 
financial records 
Accounting department - a special department responsible for the firm's 
accounting needs 
Accounting system - the methods and procedures used in handling a 
business's financial information 
Accounts receivable - Monies owed to a business by its customers 
Accrual account...
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- Exam (elaborations)
- • 21 pages •
DECA Finance Test Review Questions 
and Answers 100% Solved 
Accountant - an individual who has had specialized training in 
accounting procedures 
Accounting - The process of keeping and interpreting 
financial records 
Accounting department - a special department responsible for the firm's 
accounting needs 
Accounting system - the methods and procedures used in handling a 
business's financial information 
Accounts receivable - Monies owed to a business by its customers 
Accrual account...
DECA Finance Exam Questions and Answers 100% Solved
DECA Finance Exam Questions and 
Answers 100% Solved 
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 t...
- Package deal
- Exam (elaborations)
- • 19 pages •
DECA Finance Exam Questions and 
Answers 100% Solved 
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 t...
DECA Entrepreneurship Vocabulary Exam Questions with 100% Correct Answers
DECA Entrepreneurship Vocabulary 
Exam Questions with 100% Correct 
Answers 
acquisition: - The purchase of a company by another, larger firm, which 
absorbs the smaller company into its operations. 
board of directors: - A group of individuals elected by a firm's 
shareholders and charged with overseeing, and taking legal responsibility 
for, the firm's actions. 
business plan: - Document in which the entrepreneur summarizes her 
or his business strategy for the proposed new venture and h...
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- Exam (elaborations)
- • 13 pages •
DECA Entrepreneurship Vocabulary 
Exam Questions with 100% Correct 
Answers 
acquisition: - The purchase of a company by another, larger firm, which 
absorbs the smaller company into its operations. 
board of directors: - A group of individuals elected by a firm's 
shareholders and charged with overseeing, and taking legal responsibility 
for, the firm's actions. 
business plan: - Document in which the entrepreneur summarizes her 
or his business strategy for the proposed new venture and h...
Deca Entrepreneurship Exam Questions and Answers 100% Solved
Deca Entrepreneurship Exam Questions 
and Answers 100% Solved 
Sovereign Community - A legal concept stating that the courts in a 
country represent the country's laws, and their decisions cannot be 
reversed by the decision of courts in other countries. 
Legal concept that affects foreign countries 
Eminent Domain - the right of a government or its agent to take away 
private property for public use, with payment of compensation. 
Absolute privilege - An absolute defense to an otherwise defa...
- Package deal
- Exam (elaborations)
- • 10 pages •
Deca Entrepreneurship Exam Questions 
and Answers 100% Solved 
Sovereign Community - A legal concept stating that the courts in a 
country represent the country's laws, and their decisions cannot be 
reversed by the decision of courts in other countries. 
Legal concept that affects foreign countries 
Eminent Domain - the right of a government or its agent to take away 
private property for public use, with payment of compensation. 
Absolute privilege - An absolute defense to an otherwise defa...
DECA Business Administration Core Exam Questions and Answers 100% Pass
DECA Business Administration Core 
Exam Questions and Answers 100% 
Pass 
Franchise - a contractual agreement between a 
parent company and a franchisee to distribute goods and services 
Corporation - a form of business ownership that is owned by 
stockholders who 
have purchased units or shares of the company 
Elastic Demand - demand that changes according to changes in price 
Inelastic Demand - demand that is not affected by changes in price. 
Unitary Demand - when sales remain the 
same becau...
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- Exam (elaborations)
- • 15 pages •
DECA Business Administration Core 
Exam Questions and Answers 100% 
Pass 
Franchise - a contractual agreement between a 
parent company and a franchisee to distribute goods and services 
Corporation - a form of business ownership that is owned by 
stockholders who 
have purchased units or shares of the company 
Elastic Demand - demand that changes according to changes in price 
Inelastic Demand - demand that is not affected by changes in price. 
Unitary Demand - when sales remain the 
same becau...
Damage Appraisal License Test Exam Questions and Answers 100% Solved
Damage Appraisal License Test Exam 
Questions and Answers 100% Solved 
Subrogation - One insurance company sues another to recover cost to 
repair insured's car 
Release - Two insurance companies agreed or insured agrees 
ACV - Actual Cash Value, cost new less depreciation 
Arbitration - Only way in insurance policy to dispute claim amount. Two 
appraisers agree or go to umpire 
LQK - Like, Kind, Quality 
Solenoid - Located between battery and starter motor 
Exhaust - Parts-CAT converter, muf...
- Exam (elaborations)
- • 9 pages •
Damage Appraisal License Test Exam 
Questions and Answers 100% Solved 
Subrogation - One insurance company sues another to recover cost to 
repair insured's car 
Release - Two insurance companies agreed or insured agrees 
ACV - Actual Cash Value, cost new less depreciation 
Arbitration - Only way in insurance policy to dispute claim amount. Two 
appraisers agree or go to umpire 
LQK - Like, Kind, Quality 
Solenoid - Located between battery and starter motor 
Exhaust - Parts-CAT converter, muf...
SDS - Kittering Exam Questions with 100% Correct Answers
ALU 101 book Questions and Answers 100% Correct | Graded A+
Yet to read in full
NJ DMV Motorcycle Test Exam Questions with 100% Correct Answers