Deck 12: Careers in Business

Question 1

Which IT environment allows accountants to quickly research new government rules and regulations?

A)Database management systems
B)Web
C)Accountant information systems
D)Network systems

Answer 1

B

Question 2

What type of IT system is used by managers to analyze natural resources?

A)Geographical information systems
B)Enterprise resource planning
C)Database management
D)Internet and web portals

Answer 2

A

Question 3

Which of the following IT areas is prevalent in accounting?

A)Multimedia systems
B)Web development
C)Statistical analysis
D)Accounting information systems

Answer 3

D

Question 4

Which of the following systems allows managers to analyze and interpret information,model the business under different scenarios,and make informed and times decisions?

A)Decision support systems
B)Distribution channel management systems
C)Spreadsheets
D)Customer relationship management systems

Question 5

Who oversees the use of information in an organization?

A)Chief information officer
B)Lead programmers
C)Business analysts
D)Database managers

Question 6

Which of the following are support software tools for logical and technical modeling and writing software?

A)Programming languages
B)Databases
C)Development platforms
D)Data warehouses

Question 7

Which of the following academic disciplines is not part of finance?

A)Accounting
B)Economics
C)Management
D)Statistics

Question 8

What type of manager uses IT to develop various requirements,budgets,and schedules for projects?

A)Project manager
B)Entrepreneur
C)Business development manager
D)Management analyst

Question 9

Which of the following include a variety of hardware and software associated with the capturing,creating,and manipulating of information in forms other than text and numbers?

A)Object-oriented databases
B)Data warehouses
C)Web systems
D)Multimedia tools

Question 10

Which IT tool allows the financial professional to identify and measure the risk inherent in a project?

A)Statistical packages
B)Database management
C)Spreadsheets
D)Web browsers

Question 11

In what accounting area does the accountant serve as an outside advisor to business organizations?

A)Government
B)Public
C)Nonprofit
D)Education

Question 12

What area of IT knowledge is needed by accountants to secure the assets of a company's information?

A)Web
B)Network security
C)Spreadsheets
D)Accounting information systems

Question 13

To be effective in finance,which of the following IT tools should you study?

A)Spreadsheet modeling
B)Statistical packages
C)Database management
D)The finance professional should know all of these packages

Question 14

Which of the following is a primary area of responsibility for public accountants?

A)Auditing
B)Auditing and tax advisory
C)Tax advisory
D)Managing financial risks

Question 15

Which of the following technologies underlies most hospitality applications?

A)Database management
B)Accounting information systems
C)Spreadsheets
D)Statistical packages

Question 16

Which IT system allows accountants to quickly build ad hoc reports make structural changes in the organizational data?

A)Accounting information systems
B)Web systems
C)Spreadsheets
D)Database management systems

Question 17

Which of the following industries is expected to generate $7.1 trillion in economic activity and account for 8.3 percent of the world's total employment by the end of 2007?

A)Hospitality and Tourism
B)Accounting
C)Information Technology
D)Marketing

Question 18

Which of the following IT tools should all business majors have an advanced knowledge in?

A)Database management
B)Statistical packages
C)Spreadsheets
D)Accounting information systems

Question 19

Which of the following academic areas is the most eclectic discipline?

A)Finance
B)Management
C)Marketing
D)Economics

Question 20

Which of the following IT skills is the least important skill needed by accountants?

A)Database design
B)Web research
C)Statistical analysis
D)Network security

Question 21

What discipline needs a strong understanding of urban economics,consumer behavior,and finance and regulatory issues?

A)Marketing
B)Finance
C)Accounting
D)Real estate and construction management

Question 22

What type of software encompasses email and contact management?

A)Database management
B)Accounting information systems
C)Desktop systems
D)Communications support

Question 23

Which major form of accounting involves working within a company to manage investor relations,banking relations,daily financial affairs,and planning new products and services?

A)Public practice
B)Industry
C)Government
D)Non-profit

Question 24

What type of management deals with the production,manufacturing,warehousing,and transportation of physical products?

A)Project management
B)Inventory management
C)Operation management
D)Production and operation management

Question 25

What type of information system is the primary interface for a marketing professional into a company's customers?

A)Database management
B)Communications support
C)Customer relationship management
D)Data warehouses

Question 26

What IT tools offer marketing professionals a way of summarizing large amounts of information and viewing it from different perspectives?

A)Communication support
B)Budget analysis/impact software
C)Database management
D)Data warehouses and data-mining

Question 27

The primary responsibilities of the public accountant include all but which of the following?

A)Auditing
B)Technology planning and control
C)Tax advisory services
D)All of these are the responsibility of a public accountant

Question 28

What type of software enables the marketing professional to develop "copy" material for advertisements?

A)Desktop publishing
B)Database management
C)Communication support
D)Word processing

Question 29

Which of the following is not a typical job title for the accountant?

A)Environmental accountant
B)Tax accountant
C)Government agent
D)Chief Investment Officer

Question 30

In Hospitality and Tourism Management,which of the following positions would be in charge of guest service functions in a hotel?

A)Guest service manager
B)Revenue manager
C)Director of room operations
D)Director of human resources

Question 31

Which of the following are areas of accounting?

A)Public practice and industry
B)Government and industry
C)Private and public practice
D)Public practice,industry,and government

Question 32

What IT area does a production and operations manger need be skilled in?

A)Statistical and data-mining tools
B)Web development
C)Database design
D)Network security

Question 33

Hospitality and tourism management is challenging for which of the following reasons?

A)Heterogeneity of customers
B)Simultaneous production and consumption of services
C)Dependence on labor
D)All of these issues cause challenges for this area

Question 34

Which of the following is not a common professional job path in finance?

A)Corporate finance
B)International transactions
C)Investments
D)Banking

Question 35

To be effective in real estate and construction management,what areas in IT should a person be knowledgeable in?

A)Geographical information systems
B)Spreadsheet modeling
C)Automated valuation
D)The real estate and construction manager would need to be knowledgeable in all these areas

Question 36

The study of finance draws heavily from several academic disciplines,including all but which of the following?

A)Statistics
B)Management information systems
C)Economics
D)Accounting

Question 37

What functional area encompasses a broad range of activities including product development,advertising,public relations,promotions,and sales?

A)Management
B)Information technology
C)Tourism
D)Marketing

Question 38

Which of the following is a common job title in Hospitality and Tourism Management?

A)Revenue Manager
B)Director of Room Operations
C)General Manager
D)All of these are common job titles

Question 39

Which of the following is not a common job title in finance?

A)Stock broker
B)Portfolio manager
C)Security analyst
D)Database manager

Question 40

Which of the following are common job titles in finance?

A)Corporate treasurer
B)Corporate treasurer and corporate financial analyst
C)Corporate financial analyst and bank loan officer
D)Corporate treasurer,corporate financial analyst,and bank loan officer

Question 41

In the area of Information Technology,which of the job positions listed below is responsible for converting technical design documents into actual software?

A)Network engineer
B)Programmer
C)Web services expert
D)Database designer/developer

Question 42

Which of the following IT skills is not recommended for a career in production and operations management?

A)Statistical tools
B)Scheduling software
C)Material requirements planning software
D)Database management

Question 43

Which of the following is not a typical job title from management?

A)Project manager
B)Management analyst
C)Entrepreneur
D)All of the above are typical job titles from management

Question 44

Which of the following marketing job positions designs creative marketing solutions for all forms of advertising?

A)Brand manger
B)Marketing coordinator
C)Account manager
D)Creative marketing specialist

Question 45

Which of the following IT skills are not recommended for a career in management?

A)Spreadsheets
B)Database management
C)Enterprise resource planning
D)Customer relationship management

Question 46

In the area of Information Technology,which of the job positions listed below is responsible for working with end users to determine the logical requirements for a new IT system and then creating the technical design documents to describe these requirements?

A)Data warehouse analyst/developer
B)Business analyst
C)Programmer
D)Database designer/developer

Question 47

Why should a person interested in a career in IT develop database skills?

A)Databases are interesting
B)Databases are central to IT as they act as the interface between user and computer
C)Databases are central to IT as they support the design and implementation of logically related information
D)Database skills are only found in the IT department

Question 48

In the area of Information Technology,which of the job positions listed below is responsible for developing a network-based IT system to support e-commerce activities?

A)Network engineer
B)Programmer
C)Web services expert
D)Database designer/developer

Question 49

Which of the following is not a common job title in marketing?

A)Market development manager
B)Account manager
C)Product manager
D)Operations Analyst

Question 50

Which of the following IT skills is not recommended for a career in Hospitality and Tourism Management?

A)PC applications
B)Distribution channel management
C)Electronic commerce
D)Statistical packages

Question 51

Production and operations management is a specialization that deals with all but which of the following?

A)Production
B)Manufacturing
C)Selling
D)Transportation

Question 52

Which type of manager handles compensation and benefit decisions?

A)Sales managers
B)Public relations managers
C)Supply function manager
D)Human resources manager

Question 53

Which of the following marketing job positions is responsible for increasing the profitability of sales for a given product line,along with expanding that line?

A)Account manager
B)Product development manger
C)Marketing coordinator
D)Product manager

Question 54

Why do managers increasingly depend on technology to help carry out their responsibilities?

A)Organizations operate in increasingly complex environments
B)Organizations operate in increasingly fast changing environments
C)Organizations operate in increasingly complex and fast changing environments
D)Organizations need to give the appearance of being technologically advanced

Question 55

Which of the following is not a reason why marketing professionals need to understand database management?

A)They work with large amounts of data
B)Understanding the logical organization of a database is essential
C)Understanding how the information is accessed is essential
D)Marketing professionals do not need to understand database management

Question 56

Which of the following IT skills are recommended for a career in marketing?

A)Customer relationship management systems
B)Data warehouses and data mining tools
C)Budget analysis/impact software
D)All of the these skills are recommended

Question 57

Which of the following marketing job positions is responsible for the definition and development of new market opportunities for a company?

A)Brand manger
B)Market development manager
C)Account manager
D)Market research analyst

Question 58

In the area of Information Technology,which of the job positions listed below is responsible for working with end users to determine information requirements for a new IT system,and then designing and implementing a database solution?

A)Business Analyst
B)Programmer
C)Web services expert
D)Database designer/developer

Question 59

Marketing professionals use technology in which of the following ways?

A)Data mining tools to understand buying behavior
B)What if analysis to explore a new campaign
C)Publishing software to create advertising materials
D)Marketing professionals use technology in each of these ways

Question 60

Which of the following are typical job titles found in production and operations management?

A)Inventory manager
B)Production scheduler
C)Quality assurance analyst
D)Inventory manager,production scheduler,and quality assurance analyst

Question 61

Knowledge of information technology tools is essential for all areas of business.

Question 62

Managers perform a broad range of duties and are found in all areas of business.

Question 63

Government accounting involves helping individuals figure out their federal tax returns.

Question 64

Hospitality and Tourism Management employs approximately 1 million people worldwide.

Question 65

In the area of finance,a security analyst focuses on computer security.

Question 66

The decision maker must rely on information technology to support the analysis and decisions being made.

Question 67

There are three broad tracks in finance including corporate finance,banking,and investments.

Question 68

To be successful,you need to be an expert within one functional area and competent in all the other functional areas.

Question 69

A Business Analyst is typically non-technical professional who works closely with an IT professional.

Question 70

IT personnel do not need a strong understanding of the business environment since they are often partners with other business professionals.

Question 71

In public accounting,the accountant serves as an outside advisor to businesses.

Question 72

A business development manager is responsible for defining the nature and extent of problems and finding solutions.

Question 73

Database management is an important skill for Hospitality and Tourism Management since most hospitality applications are based on databases.

Question 74

In the business world,you need to excel in all functional areas or specializations.

Question 75

Knowledge of database management and developing business queries is not needed by most accountants.

Question 76

To play a critical role in shaping the future of business,you would need to be in upper management.

Question 77

IT has become an indispensable and integral tool for any business; every business decision affects IT and every IT decision impacts the business.

Question 78

In Hospitality and Tourism Management,a director of room operations is responsible for setting rates,restrictions,and selling strategies for hotel rooms and for managing room inventory.

Question 79

IT people need to possess a solid understanding of the business environment and need to possess people-oriented and communications skills.

Question 80

Almost all accounting systems are computerized.