TEXAS BUSINESS AND FINANCE EXAM SCRIPT
2026 TEST PAPER QUESTIONS AND
SOLUTIONS GRADED A+
◉ Douglas Mcgregor Theory Y. Answer: Assumes employees self-
motivated and enjoy work, they have talent and skills. They desire
success at work inherent satisfactions. Supervisors' work with
employees, allow positive communication.
◉ Total Quality Mnaagemnt. Answer: Better internal processes and
increased customer satisfaction
◉ Total Quality Mnaagemnt. Answer: Manager quality levels. If there is
a problem then it is in the process
◉ Management by Obejectives. Answer: 1954 Peter Drucker. MBO,
creation of goals or objectives
◉ Management by Obejectives. Answer: Produce a better relationship
between management and employees
◉ Activity Base Management. Answer: Managers examine activites to
evaluate costs and value added.
,◉ Functions Of Management. Answer: planning, organizing, leading,
and controlling resources
◉ Planning. Answer: creating a plan of action to give incentives to top
performers
◉ Leaders. Answer: make a list of logical step of best way to carry out
plan
◉ Organizing. Answer: Resource distribution
◉ Controlling. Answer: Occurs after the plan, managers evaluate
whether the goals have been met.
◉ Top Level Manager. Answer: Managers in charge of running te
organization
◉ Middle-level manager. Answer: bring organization plans to fruition
◉ Low-level manager. Answer: leading, directing, and supervising
employees
, ◉ Authoritarian leadership styles. Answer: rules and regulations are
strict
◉ Democratic leadership styles. Answer: descision made with or in a
group.
◉ Laissez-faire leadership styles. Answer: workers make all the decision
without any managerial control
◉ SWOT. Answer: Strengthens, Weaknesses, Opportunities, and Threats
◉ Time Value of Money. Answer: Money that you have now is more
valuable than the money you will have later.
◉ Sales Budget. Answer: Shows expected sales for a period of times
◉ Production Budget. Answer: Shows the amount of products that
should be made
◉ Cash Budget. Answer: covers the inflow and outflow of cash that is
expected
◉ Four part of Cash Budget. Answer: Receipts, financing,
disbursements, and cash surplus or deficit
2026 TEST PAPER QUESTIONS AND
SOLUTIONS GRADED A+
◉ Douglas Mcgregor Theory Y. Answer: Assumes employees self-
motivated and enjoy work, they have talent and skills. They desire
success at work inherent satisfactions. Supervisors' work with
employees, allow positive communication.
◉ Total Quality Mnaagemnt. Answer: Better internal processes and
increased customer satisfaction
◉ Total Quality Mnaagemnt. Answer: Manager quality levels. If there is
a problem then it is in the process
◉ Management by Obejectives. Answer: 1954 Peter Drucker. MBO,
creation of goals or objectives
◉ Management by Obejectives. Answer: Produce a better relationship
between management and employees
◉ Activity Base Management. Answer: Managers examine activites to
evaluate costs and value added.
,◉ Functions Of Management. Answer: planning, organizing, leading,
and controlling resources
◉ Planning. Answer: creating a plan of action to give incentives to top
performers
◉ Leaders. Answer: make a list of logical step of best way to carry out
plan
◉ Organizing. Answer: Resource distribution
◉ Controlling. Answer: Occurs after the plan, managers evaluate
whether the goals have been met.
◉ Top Level Manager. Answer: Managers in charge of running te
organization
◉ Middle-level manager. Answer: bring organization plans to fruition
◉ Low-level manager. Answer: leading, directing, and supervising
employees
, ◉ Authoritarian leadership styles. Answer: rules and regulations are
strict
◉ Democratic leadership styles. Answer: descision made with or in a
group.
◉ Laissez-faire leadership styles. Answer: workers make all the decision
without any managerial control
◉ SWOT. Answer: Strengthens, Weaknesses, Opportunities, and Threats
◉ Time Value of Money. Answer: Money that you have now is more
valuable than the money you will have later.
◉ Sales Budget. Answer: Shows expected sales for a period of times
◉ Production Budget. Answer: Shows the amount of products that
should be made
◉ Cash Budget. Answer: covers the inflow and outflow of cash that is
expected
◉ Four part of Cash Budget. Answer: Receipts, financing,
disbursements, and cash surplus or deficit
