US Major Marketing Advanced Test 3

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20 questions · All questions on one page

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University Major — Test 3 (Marketing Advanced) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

What is this test? for University Major review (University Major — Test 3 (Marketing Advanced)), USA — University (Undergraduate Majors, USA) level, USA.
For University students (Undergraduate) in Test 3 (Marketing Advanced) in the USA — is this your major?
Section: University Major — Test 3 (Marketing Advanced) · Education: University (Undergraduate) · Part: University Major — Test 3 (Marketing Advanced) · Country: USA

Economics is a fundamental social science examining the relationship between unlimited wants and scarce resources.

This test will help you assess your knowledge of micro- and macro-economics.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is inflation?

A) Rising prices

B) Falling prices

C) Flat wages

D) High taxes

Question 2

What is GDP?

A) Debt total

B) Output value total

C) Tax total

D) Trade total

Question 3

What is competition?

A) One seller

B) No sellers

C) Rival sellers

D) Government only

Question 4

What is operations?

A) Selling only

B) Counting only

C) No making

D) Making delivering

Question 5

What is microeconomics?

A) Small-unit study

B) Whole economy

C) No study

D) World trade

Question 6

What best defines a stock?

A) Bond

B) Company share

C) Loan

D) Bill

Question 7

Provide the definition of a balance sheet:

A) Movie

B) Letter

C) Snapshot finances

D) Ad

Question 8

Which term means "Guiding people"?

A) accounting

B) the accounting equation

C) a balance sheet

D) leadership

Question 9

Provide the definition of the accounting equation:

A) Assets equal liabilities equity

B) Profit only

C) No equation

D) Cash only

Question 10

Provide the definition of SWOT:

A) No analysis

B) Strengths weaknesses opportunities threats

C) Numbers only

D) One factor

Question 11

Which term means "Whole-economy study"?

A) accounting

B) the accounting equation

C) macroeconomics

D) a balance sheet

Question 12

Which term means "Startup funding"?

A) accounting

B) the accounting equation

C) a balance sheet

D) venture capital

Question 13

Provide the definition of revenue:

A) Earned income

B) Costs

C) Debts

D) Losses

Question 14

Provide the definition of a bond:

A) Share

B) Lent money paper

C) Bill

D) Coin

Question 15

Which term means "Moving goods"?

A) accounting

B) the accounting equation

C) logistics

D) a balance sheet

Question 16

Which term means "Gain over cost"?

A) accounting

B) the accounting equation

C) a balance sheet

D) profit

Question 17

Provide the definition of HR:

A) People management

B) No people

C) Robots only

D) Outsourcing only

Question 18

Provide the definition of interest:

A) Free money

B) Borrowing cost

C) Savings gift

D) Tax refund

Question 19

Which term means "Roadmap document"?

A) accounting

B) the accounting equation

C) a business plan

D) a balance sheet

Question 20

Which term means "Customer study"?

A) accounting

B) the accounting equation

C) a balance sheet

D) market research

US Major Marketing Advanced Test 3

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