Practice Business Intelligence Questions Multiple Choice Questions with Answers Quiz-1 - MCQGeeks.com

Q.1.

Which of the following is a function of inventory?

to take advantage of quantity discounts
to decouple various parts of the production process
to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand
All the above

Explanation

Q.2.

Which of the following statements about financial aid are true?

Financial aid is available to community college students.
Most high school varsity sports team members will receive an athletic scholarship.
Elite, private colleges don't offer financial aid packages.
Only children of unemployed parents can't qualify for financial aid.

Explanation

Q.3.

In the expansion phase of a business cycle

economy moves from a trough to a peak.
economy moves from a peak to a trough.
economy moves from a trough to a contraction.
economy moves from a peak to a peak.

Explanation