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This section includes 3 Mcqs, each offering curated multiple-choice questions to sharpen your Technology knowledge and support exam preparation. Choose a topic below to get started.
1. |
Which of the following statements about financial aid are true? |
A. | Financial aid is available to community college students. |
B. | Most high school varsity sports team members will receive an athletic scholarship. |
C. | Elite, private colleges don't offer financial aid packages. |
D. | Only children of unemployed parents can't qualify for financial aid. |
Answer» B. Most high school varsity sports team members will receive an athletic scholarship. | |
2. |
Which of the following is a function of inventory? |
A. | to take advantage of quantity discounts |
B. | to decouple various parts of the production process |
C. | to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand |
D. | All the above |
Answer» E. | |
3. |
In the expansion phase of a business cycle |
A. | economy moves from a trough to a peak. |
B. | economy moves from a peak to a trough. |
C. | economy moves from a trough to a contraction. |
D. | economy moves from a peak to a peak. |
Answer» B. economy moves from a peak to a trough. | |