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Answer the following multiple-choice questions regarding business management and finance.

Business/Management

ScanSolve AI Answer

Here are the answers to the multiple-choice questions:

33. Key component in financial projection is:

  • A. Market analysis

34. Providing monetary value to employees is:

  • B. Compensation

35. Identifying and attracting job seekers is:

  • D. External recruitment

36. The most critical step in selection is:

  • D. Employment interview

37. The resources that include cash, buildings, and equipment are called:

  • C. Capital resources

38. Raw materials used in production such as timber, cocoa, and minerals are:

  • B. Natural resources

39. The ability of an entrepreneur to coordinate all factors of production is a:

  • D. Entrepreneurial resource

40. Which of the following is a major importance of enterprise resources?

  • B. Enables production of goods and services

41. The method of investment appraisal that considers the time value of money is:

  • C. Net present value (NPV)

42. The investment appraisal method that measures how long it takes to recover initial capital is:

  • C. Payback period

43. The formula for ARR is:

  • B. Average profit ÷\div Initial capital ×100\times 100

44. The government office responsible for business registration in Cameroon is the:

  • B. One-Stop Shop (Centre de Formalités de Création d'Entreprises - CFCE)

45. The document that gives a business legal permission to operate is the:

  • C. Certificate of incorporation

46. The first step in registering a business name in Cameroon is:

  • B. Name search and reservation

47. Bookkeeping is mainly concerned with:

  • C. Recording financial transactions

48. The book used to record transactions in chronological order is the:

  • B. Journal

49. Production system where goods are produced when needed is:

  • D. Just-in-time

50. Producing goods in lots is:

  • A. Batch production
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