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BUS 100 Test 4 Review Section 1, Fall 2009

Last updated November 24, 2009

Test #4 is scheduled during class on December 3. We will have a review session during class on December 1. Prior to the review, try to prepare by answering the study questions. For the test, bring a pencil and the correct answers (in your head). I recommend that you start preparing immediately. The study questions below represent the topics that will be emphasized on the test.

Chapter 13: Human Resources Management
1.	What are the major components of Human Resources Management?
2.	How do a job specifications and a job descriptions differ?
3.	What types of test can be performed during pre-employment screening of job applicants?

Chapter 14: Accounting
1.	Describe the primary tasks in accounting.
2.	Why are generally accepted accounting principles needed?
3.	What are the three main sections of a company's balance sheet? How are these sections related to the accounting equation?
4.	What is asset liquidity?
5.	What does an income statement measure? What are the main components of the income statement?

Chapter 15: Finance
1.	How are risk and uncertainty related?
2.	What is working capital?
3.	How does a company's operating cycle begin?
4.	What do NPV and break-even analysis measure?