NOCTI BUSINESS NEWEST EXAM / NOCTI BUSINESS
PREPARATION/NOCTI BUSINESS PRACTICE EXAM WITH
COMPLETE QUESTIONS AND CORRECT ANSWERS| BRAND NEW
VERSION!
1. To gain employee acceptance of new changes in an organization, the owner
should provide adequate training and - Correct Answer-provide advance notice of
the new changes
2. Which of the following sentences is grammatically correct? - Correct Answer-
Ann missed the meeting because she was lying in bed with the flu.
3. If a worker's gross pay is $750.00 and 1.25 percent of the worker's earnings are
withheld for Medicare tax, what dollar amount of Medicare tax is being withheld?
- Correct Answer-$750 x 0.0125 = $9.38
4. According to the law of supply and demand, when high winds in Hawaii damage
the coffee plants, coffee will be - Correct Answer-in short supply, therefore higher
in price
5. A country exported $689,269 worth of goods and imported $3,465,029 worth
of goods. What is the trade surplus or deficit? - Correct Answer-$689,269 -
$3,465,029 = -$2775760
6. In order to increase sales, a company hired a telemarketing firm. Telemarketers
logged 3496 hours, making 46397 presentations and 6350 sales, and increasing
the company's revenue by $295300. The telemarketing firm charged $45 per hour
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, NOCTI Business Newest Exam / NOCTI Business Preparation
for their services. How successful was the business venture? - Correct Answer-A
good investment with a profit of over $137,000
7. Which of the following acts regulates the federal minimum wage for interstate
commerce? - Correct Answer-Fair Labor Standards Act
9. A CEO urges employees to buy stock in the company and then sells his/her
personal stock because of a coming change that will likely decrease the stock
prices. The actions of the CEO showed - Correct Answer-unethical behavior
10. Which of the following situations is an example of an employee exhibiting
unethical behavior? - Correct Answer-taking a day of sick leave to play golf
11. If a business conducts a SWOT analysis to decide whether or not to expand,
which of the following would be categorized as an "O"? - Correct Answer-there is
potential for increased profits
12. The North American Free Trade Agreement (NAFTA) created a free-trade area
for - Correct Answer-Mexico, the US, and Canada
13. Two types of business partnerships are general and - Correct Answer-Limited
14. The planning, pricing, promoting, and distribution of goods and services is
known as - Correct Answer-marketing
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