Chapter 2, Practice Quiz 2

Chapter 2, Practice Quiz 2 - 1) All businesses have _ for...

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Sheet1 Page 1 1) All businesses have _______________ for conducting their affairs. (1point) processes computers applications programs Score: 1 Answer(s): processes 2) All business processes work in such a way that all of the companies and people involved obtain a payment to cover their co s are automated. use logic. do it right. make a profit. Score: 1 Answer(s): make a profit. 3) To order new inventory the manager creates a ________________. (1point) Cash Flow Statement Receipt
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Sheet1 Page 2 Bill of Sale Purchase Order Score: 1 Answer(s): Purchase Order 4) At some point, stock in inventory hits a critical point, often called the _______________. (1point) reorder point red line point of no return threshold Score: 1 Answer(s): reorder point 5) Which of the following is NOT a business process? (1point) facility resource data activity
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Page 3 Score: 1 Answer(s): data 6) A customer's cash is a(n) _________. (1point) activity resource process facility Score: 1 Answer(s): resource 7) Information can be described as a difference that makes a difference. (1point)
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Chapter 2, Practice Quiz 2 - 1) All businesses have _ for...

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