Accounting And Marketing Quiz Questions! Trivia Test

Approved & Edited by ProProfs Editorial Team

The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.

Learn about Our Editorial Process

| By Canja42

Canja42

Community Contributor

Quizzes Created: 1 | Total Attempts: 192

Questions: 14 | Attempts: 192 | Updated: Mar 20, 2023

Questions

Settings

Feedback

During the Quiz End of Quiz

Difficulty

Sequential Easy First Hard First

Play as

Quiz Flashcard

Create your own Quiz

Share on Facebook Share on Twitter Share on Whatsapp Share on Pinterest Share on Email Copy to Clipboard Embed on your website

Questions and Answers

1.

Which of the following is NOT one of the four Ps (4Ps).
- A.
  
  Price
- B.
  
  Promotion
- C.
  
  Place
- D.
  
  Profit
Correct Answer
D. Profit

Explanation
Chapter 15: Marketing

Rate this question:
2.

A ____________ is a marketing research method where a group of people is gathered and asked questions regarding a product.

Correct Answer
Focus Group

Explanation
Chapter 15: Marketing

Rate this question:

4
3.

You can segment your market based on the geographical area but not on demographic factors.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
Chapter 15: Marketing

Rate this question:
4.

Which of the following is not a factor influencing consumer behaviour.
- A.
  
  Psychological influences
- B.
  
  Time influences
- C.
  
  Cultural influences
- D.
  
  Social Influences
Correct Answer
A. Psychological influences

Explanation
Chapter 15: Marketing

Rate this question:
5.

Which of the following is a financial statement that is based on the accounting equation Assets = Liabilities + Owner's Equity?
- A.
  
  Balance Sheet
- B.
  
  Income Statement
- C.
  
  Budget
- D.
  
  Cash Flow Statement
Correct Answer
A. Balance Sheet

Explanation
Chapter 13: Accounting

Rate this question:
6.

A high inventory ratio means you have an efficient operation.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Chapter 13: Accounting

Rate this question:
7.

GAAP stands for:
- A.
  
  Government Accounting Assets Principles
- B.
  
  Government Accepted Accounting Principles
- C.
  
  Generally Accepted Accounting Principles
- D.
  
  Generally Agreed Accounting Principles
Correct Answer
C. Generally Accepted Accounting Principles

Explanation
Chapter 13: Accounting

Rate this question:
8.

A ___________ is a private company wide network to share information and get information.

Correct Answer
Intranet

Explanation
Information Systems and Technology

Rate this question:

4
9.

A ________ is information that hasn't been analized yet

Correct Answer
Data

Explanation
Communication Technology

Rate this question:

4
10.

_____ are the activities necessary to get quality goods and services not the marketplace.

Correct Answer
TQM

Explanation
Chapter 12: Productivity and quality

Rate this question:

4
11.

Which of the following are quality-assurance tools?
- A.
  
  Value-added analysis
- B.
  
  Benchmarking
- C.
  
  Statistical process control
- D.
  
  All are quality assurance tools
Correct Answer
D. All are quality assurance tools

Explanation
Chapter 12: Productivity

Rate this question:
12.

________________ is an international third party certification for quality management standards

Correct Answer
ISO 9000

Explanation
Chapter 12: Productivity

Rate this question:

4
13.

A ____________ is a group of companies and stream of activities involved in getting the product from raw materials to the end consumer
- A.
  
  Chain strategy
- B.
  
  Supply Chain
- C.
  
  Re-engeneering
- D.
  
  Six Sigma
Correct Answer
B. Supply Chain

Explanation
Chapter 12: Productivity

Rate this question:

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

Current Version
Mar 20, 2023

Quiz Edited by
ProProfs Editorial Team
Nov 13, 2014

Quiz Created by
Canja42

Accounting And Marketing Quiz Questions! Trivia Test

Which of the following is NOT one of the four Ps (4Ps).

A ____________ is a marketing research method where a group of people is gathered and asked questions regarding a product.

You can segment your market based on the geographical area but not on demographic factors.

Which of the following is not a factor influencing consumer behaviour.

Which of the following is a financial statement that is based on the accounting equation Assets = Liabilities + Owner's Equity?

A high inventory ratio means you have an efficient operation.

GAAP stands for:

A ___________ is a private company wide network to share information and get information.

A ________ is information that hasn't been analized yet

_____ are the activities necessary to get quality goods and services not the marketplace.

Which of the following are quality-assurance tools?

________________ is an international third party certification for quality management standards

A ____________ is a group of companies and stream of activities involved in getting the product from raw materials to the end consumer