Business Management TSA Exam |
Questions And Answers | Latest Exam
2026-2027 | Graded A+
"Rule of 72" -answer allows a person to easily calculate when the future values of an
investment will double the principal (original) amount.
AA, BA, MA, -answer Levels of higher education, assosciate's degree, bachelors
degree, master's degree
Accountability -answer responsibility to someone or for some activity.
accounts payable -answer Unpaid dues for goods and services
accounts receivable -answer Outstanding debt to a company
Advertising -answer A form of nonpersonal promotion in which companies pay to
promote ideas, goods, or services in a variety of media formats.
Agenda -answer a list, plan, outline of things to be done
Allocation -answer Distribution of resources
Allowance -answer Used to determine the amount of federal taxes withheld from the
paycheck.
Annual growth rate -answer The inxrease of an investment anually (yearly)
Annual Percentage Rate (APR) -answer Measure of the cost of credit on a yearly basis
expressed as a percentage.
Apprentice -answer a person that works for another in order to learn a trade
Audience -answer a group of people assembled to watch and listen to a show, concert,
movie, or speech
Audition interview -answer applicant shows skills by performing job duties
Authority -answer the power or right to give orders or make decisions.
Autocratic style -answer gives orders to employees.
,Autocratic -answer a ruler who holds ultimate power or somebody who dominates
others
Automobile Insurance -answer An arrangement between an individual (you) and insurer
(insurance company) to protect the individual against risk from automobile accidents.
Automobile Loan -answer Borrowed money to purchase an automobile.
balance sheet -answer a statement that displays the assets and liabilities of a company
at a given date
banking services -answer Industries providing the securing or borrowing of money
Barriers to communication -answer Issues that can arise in communication between
businesses, employers, employees, etc.
Barriers -answer something that obstructs or separates, often by emphasizing
differences
BCC: Blind Carbon Copy -answer (may also be referred to as Blind Courtesy Copy) the
addressee does not realize that the message is also being sent to a 3rd party whose E-
mail address does not appear.
Behavioral segmentation -answer breaks people into groups based on their knowledge,
attitude, use or response to a product.
Block Format -answer A common way of formatting a business letter.
Bonds -answer a bond is a promise to repay the principle along with interest (coupons)
on a specified date (maturity).
Brand -answer A name, term, design, symbol, or combination of these elements that
identifies a business product, or service, and sets it apart from its competitors.
Budget -answer a detailed statement of estimated receipts and expenditures for a future
period of time.
Budgeting -answer financial planning with the purpose of managing money
Bureaucratic style -answer manager seeks employee input before he or she makes the
final decision.
Business Cycle -answer A period of macroeconomic expansion followed by one of
macroeconomic contraction. ("economic fluctuations")
Business etiquette -answer The display of manners and professionalism
, Business Letter -answer A formal way of communication that businesses use when
communicating with clients or other businesses.
Business Plan -answer a written document that describes the nature of a business, its
goals, and objectives.
business risk -answer Opportunity costs for an organization that can have a negative
impact on growth or profits
Capitalism -answer Profitable business done in private
Captcha -answer type of challenge-response test used in computing to ensure that the
response is not generated by a computer.
Career -answer a lifetime journey of building and making good use of skills, knowledge,
and experiences.
cash flow statement -answer A document that portrays a companies incoming and
outgoing cash
Carbon Copy -answer the addressee realizes that the message is also being sent to a
3rd party; (may also be referred to as Courtesy Copy; also known as CC
Centralization -answer the act of consolidating power under a central control.
Certificate of Deposit -answer an account that pays interest on a lump sum of money.
Chain of command -answer The order in which authority and power in an organization is
used and delegated from top management to every employee at every level of the
organization; The continuous chain of authority that links the most associate to the Chief
Executive Officer (CEO) and vice versa.
Channel of communication -answer the means by which a message is conveyed. Oral,
written, and nonverbal are the three major channels of communication.
Collateral assets -answer An asset that is accepted for a loan
Communicate -answer to give or exchange information, e.g. by speech or writing
Communication -answer the exchange of information between people, e.g. by means of
speaking, writing, or using a common system of signs or behavior; the sharing of
information, in which the receiver understanding the meaning of the message in the way
the sender intended.
Communism, mixed -answer Public ownership with no options of private markets
Questions And Answers | Latest Exam
2026-2027 | Graded A+
"Rule of 72" -answer allows a person to easily calculate when the future values of an
investment will double the principal (original) amount.
AA, BA, MA, -answer Levels of higher education, assosciate's degree, bachelors
degree, master's degree
Accountability -answer responsibility to someone or for some activity.
accounts payable -answer Unpaid dues for goods and services
accounts receivable -answer Outstanding debt to a company
Advertising -answer A form of nonpersonal promotion in which companies pay to
promote ideas, goods, or services in a variety of media formats.
Agenda -answer a list, plan, outline of things to be done
Allocation -answer Distribution of resources
Allowance -answer Used to determine the amount of federal taxes withheld from the
paycheck.
Annual growth rate -answer The inxrease of an investment anually (yearly)
Annual Percentage Rate (APR) -answer Measure of the cost of credit on a yearly basis
expressed as a percentage.
Apprentice -answer a person that works for another in order to learn a trade
Audience -answer a group of people assembled to watch and listen to a show, concert,
movie, or speech
Audition interview -answer applicant shows skills by performing job duties
Authority -answer the power or right to give orders or make decisions.
Autocratic style -answer gives orders to employees.
,Autocratic -answer a ruler who holds ultimate power or somebody who dominates
others
Automobile Insurance -answer An arrangement between an individual (you) and insurer
(insurance company) to protect the individual against risk from automobile accidents.
Automobile Loan -answer Borrowed money to purchase an automobile.
balance sheet -answer a statement that displays the assets and liabilities of a company
at a given date
banking services -answer Industries providing the securing or borrowing of money
Barriers to communication -answer Issues that can arise in communication between
businesses, employers, employees, etc.
Barriers -answer something that obstructs or separates, often by emphasizing
differences
BCC: Blind Carbon Copy -answer (may also be referred to as Blind Courtesy Copy) the
addressee does not realize that the message is also being sent to a 3rd party whose E-
mail address does not appear.
Behavioral segmentation -answer breaks people into groups based on their knowledge,
attitude, use or response to a product.
Block Format -answer A common way of formatting a business letter.
Bonds -answer a bond is a promise to repay the principle along with interest (coupons)
on a specified date (maturity).
Brand -answer A name, term, design, symbol, or combination of these elements that
identifies a business product, or service, and sets it apart from its competitors.
Budget -answer a detailed statement of estimated receipts and expenditures for a future
period of time.
Budgeting -answer financial planning with the purpose of managing money
Bureaucratic style -answer manager seeks employee input before he or she makes the
final decision.
Business Cycle -answer A period of macroeconomic expansion followed by one of
macroeconomic contraction. ("economic fluctuations")
Business etiquette -answer The display of manners and professionalism
, Business Letter -answer A formal way of communication that businesses use when
communicating with clients or other businesses.
Business Plan -answer a written document that describes the nature of a business, its
goals, and objectives.
business risk -answer Opportunity costs for an organization that can have a negative
impact on growth or profits
Capitalism -answer Profitable business done in private
Captcha -answer type of challenge-response test used in computing to ensure that the
response is not generated by a computer.
Career -answer a lifetime journey of building and making good use of skills, knowledge,
and experiences.
cash flow statement -answer A document that portrays a companies incoming and
outgoing cash
Carbon Copy -answer the addressee realizes that the message is also being sent to a
3rd party; (may also be referred to as Courtesy Copy; also known as CC
Centralization -answer the act of consolidating power under a central control.
Certificate of Deposit -answer an account that pays interest on a lump sum of money.
Chain of command -answer The order in which authority and power in an organization is
used and delegated from top management to every employee at every level of the
organization; The continuous chain of authority that links the most associate to the Chief
Executive Officer (CEO) and vice versa.
Channel of communication -answer the means by which a message is conveyed. Oral,
written, and nonverbal are the three major channels of communication.
Collateral assets -answer An asset that is accepted for a loan
Communicate -answer to give or exchange information, e.g. by speech or writing
Communication -answer the exchange of information between people, e.g. by means of
speaking, writing, or using a common system of signs or behavior; the sharing of
information, in which the receiver understanding the meaning of the message in the way
the sender intended.
Communism, mixed -answer Public ownership with no options of private markets
