Backus-EOPA Prep Test

Backus-EOPA Prep Test

10th Grade

20 Qs

quiz-placeholder

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Backus-EOPA Prep Test

Backus-EOPA Prep Test

Assessment

Quiz

Other

10th Grade

Hard

Created by

Amanda Backus

Used 1+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What effect do some environmental laws have on businesses?

Control exterior landscapes

Require more employees

Increase operating costs

Limit equipment purchases

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an affinity partnership:

A restaurant gives discounts to those who join its rewards program.

An airline offers frequent flyer miles to travelers.

A credit card company offers cards with sports teams' logos.

A bank pays to have its name on a local concert venue.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When should a visual aid be shown during a presentation?

At the end of the presentation to summarize

When the audience gets bored and restless

During the entire presentation to maintain interest

When the speaker shares relevant information

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A primary use of flowcharts in business documents or presentations is to

identify trends

explain relationships

compare and contrast data

summarize numerical data

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By promoting their goods and services and offering a number of purchasing arrangements, businesses help to create __________ utility.

financial

time

possession

place

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should economists do to account for the effects of inflation on GDP?

Avoid double counting

Use only nominal GDP

Use a price deflator

Use the balance of trade

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Kelly runs a small home bakery. To help her fulfill more orders, she hired three part-time employees. The additional workers increased her output, so she hired another three workers. To her surprise, Kelly's output actually decreased once she added the last three workers. This example best demonstrates the

harm of taking business risks.

law of diminishing returns

danger of hiring employees

need for effective employee training

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