Quiz 2 Flashcards
What is a key message conveyed in the DEI video regarding diversity, equity, and inclusion?
These concepts are best practiced in isolation
Change and progress require active engagement
Diversity and equity hinder societal advancement
Inclusion should be focused on select individuals
Change and progress require active engagement.
How does one book a consultation appointment with a librarian at YorkU Libraries?
Call the librarian directly
All of these choices
Use the library’s booking system
Visit the library in person
Send an email
All these choices
Which resource lists all the business databases subscribed to by YorkU Libraries?
Market Analysis Reports
Business Databases A to Z list
All of these choices
Industry Research Guides
Finance Reference Materials
Business Databases A to Z list
According to Cindy Rzepecki, what are some of the ways that accountants can contribute value to a business?
Preparing accurate financial statements and tax returns.
Identifying areas of fraud or financial misstatements.
Developing long-term strategic plans and growth initiatives.
All of these choices.
All these choices
According to Luke Zhu’s Business Ethics video, what is the main focus of business ethics?
Maximizing profits
Corporate social responsibility
Ethical decision-making and the impact on individuals and organizations
Compliance with laws and regulations
Ethical decision-making and the impact on individuals and organizations
What is the purpose of a project workplan?
To design project management software
To organize the project and inform stakeholders
All of these choices
To create project milestones
To win proposals
To organize the project and inform stakeholders
What was the purpose of the rotational program Rula Alwan joined at Walmart?
To train her to become a Vice President in the company
To train her for a leadership role in the company
To provide her with a CPA certification
To help her decide what career path to pursue
To train her for a leadership role in the company
What type of report includes information such as gender breakdown, age, income, and more in SimplyAnalytics?
All of these choices
Thematic map report
Quick report
Prism 5 report
Statistical table report
Quick report
From Graeme Deans’ Career video, according to Zain Kahn, what is the key reason why a good manager is more important than a good salary?
All of these choices
Good managers are more likely to provide pay raises
Good managers are harder to find than high-paying jobs
Good managers will mentor, train, and champion you
Good managers can accelerate your career growth
Good managers will mentor, train, and champion you
In the video, Michelle Gupta (Procter & Gamble) mentions that she started to recognize the importance of emotional intelligence when:
All of these choices
She didn’t enjoy teamwork
She realized that she was becoming short with people when stressed.
She noticed people were disengaged from her ideas at Schulich.
She started leading bigger teams at Procter & Gamble
She realized that she was becoming short with people when stressed.
According to the Schulich Library videos, where can students find more tips on business research?
Company blogs
Newspaper archives
BRYT site
All of these choices
Social media
BRYT (Business Research at York Toolkit) site
What kind of data can you create using Simply Analytics for market research?
Demographic, financial, and marketing data
Only marketing data
Demographic, business, and marketing data
Only demographic data
Demographic, business, and marketing data
From Michelle Gupta’s video interview, one of the key ways Procter & Gamble helps develop emotional intelligence is:
Offering training on how to have sensitive and difficult conversations.
All of these choices
Helping leaders to explain negative feedback more effectively
Providing regular performance reviews with constructive feedback.
Encouraging employees to seek out mentors.
offering training on how to have sensitive and difficult conversations.
What does “RACI” stand for in project management?
Realistic Analysis of Customer Interactions
Responsible, Actionable, Controlled, Involved
Rapid Action Control Initiative
Responsible, Accountable, Consulted, Informed
Responsible, Accountable, Consulted, Informed
How does Cindy Rzepecki describe the career progression for accountants in the first few years after getting their CPA designation?
They primarily focus on tax preparation and compliance
They have limited interaction with senior leaders and clients
They are expected to run the day-to-day operations of audits
It is a slow and steady climb up the corporate ladde
They are expected to run the day-to-day operations of audits
According to the Schulich Library videos, how does using the “AND” operator affect your search results?
It narrows down the search results
It has no impact on the search results
It summarizes all search results
It broadens the search results
It narrows down the search results
What is the purpose of Brainstorming?
To slow down the thought process
To inject hierarchy into the idea-generating portion of a project
To come up with solutions quickly and intuitively
To work alone without any input from others
To maximize the number of ideas generated
To come up with solutions quickly and intuitively
What is equity focused on promoting?
Discrimination and segregation
Unfairness and bias
Inequality and exclusion
None of these choices
Justice and impartiality
Justice and impartiality
Luke Zhu’s Business Ethics video suggests that exposure to business ethics during university studies can help shape a student’s:
Career prospects
Technical skills
All of these choices
Moral compass
Moral compass
What does “managing emotions” involve in emotional intelligence?
Amplifying feelings
Having no control over feelings
Ignoring feelings
Regulating feelings in ourselves and others
Regulating feelings in ourselves and others
Which statement is true about publicly-traded companies?
They do not have to follow disclosure rules
They must submit filings like annual reports and financial statements
Public investment hinders their growth
They are not regulated by securities legislation
They must submit filings like annual reports and financial statements
According to the Citations video, what is the consequence of copying information without giving proper credit to the source?
Academic recognition
Faster completion
Plagiarism issues
A higher grade
Plagiarism issues
According to Michelle Gupta’s video, what is the primary difference between the “customer” and “consumer” perspectives at Procter & Gamble
Customers are retailers like Walmart, while consumers are individual shoppers.
Customers are international, while consumers are domestic.
There is no difference, they are used interchangeably.
Customers are internal stakeholders, while consumers are external.
Customers are retailers like Walmart, while consumers are individual shoppers.
From Graeme Deans’ Career Path video, according to Warren Buffett, what are the three key qualities companies look for when hiring undergraduates?
Integrity, intelligence, and energy
Passion, resilience, and ambition
Leadership, teamwork, and technical skills
Creativity, problem-solving, and communication
Integrity, intelligence, and energy
How can one achieve inclusion, as per the DEI video?
By embracing and welcoming all individuals
By creating exclusive environments
By restricting development opportunities
By limiting decision-making opportunities
By embracing and welcoming all individuals
What does “Using Emotions” refer to in the context of emotional intelligence?
Amplifying emotions
Ignoring emotions
Aligning hearts with heads
Suppressing emotions
Aligning hearts with heads
Which of the following is NOT a part of a project workplan?
All of these choices
Output
Outcome
Input
Project goal
Outcome
According to Cindy Rzepecki, what are some of the key responsibilities of an entry-level accountant at a public accounting firm?
Auditing financial statements and interacting with clients
Conducting fraud investigations and forensic accounting
Forecasting and budgeting for the firm’s operations
Preparing tax returns and payroll
Auditing financial statements and interacting with clients:
According to Michelle Gupta’s (Procter & Gamble) video, one practical way students can develop emotional intelligence is to:
Read academic books on the topic.
Assume good intent when working with difficult team members.
Ask for feedback from others on their interpersonal skills.
All of these choices
All of these choices
What does Luke Zhu’s video on Business Ethics say about the importance of reputation for individuals and organizations when it comes to business ethics?
Reputation is key and difficult to recover once damaged
Reputation is irrelevant as long as the business is profitable
Reputation only matters for public-facing roles
Reputation can be easily changed over time
reputation is key and difficult to recover once damaged
In the Emotional Intelligence video, according to Peter Salovey, people in good moods are better at what?
Critical thinking
Memorizing
Inductive reasoning and creative problem-solving
Reflective thinking
Inductive reasoning and creative problem-solving
According to Luke Zhu’s Business Ethics video, what is one example of how ethical organizations can have a positive social impact?
Outsourcing labor to low-wage countries
Maximizing shareholder returns
Lobbying the government for tax breaks
Maximizing shareholder dividends
Supporting local communities and environmental conservation
Supporting local communities and environmental conservation
According to the video, what is another scenario for using SimplyAnalytics apart from market research?
Mapping out consumer spending habits
None of these choices
Analyzing a company’s annual report
Company literature searches
Mapping out consumer spending habits
What does the “green” status indicate on work plan updates in Adriana Vujcic’s video interview?
The project requires additional resources
The project is on track but there are budget concerns
The project is behind schedule
The project is on track
The project is on track
According to Cindy Rzepecki, what are some of the career paths that accountants can pursue beyond traditional accounting roles?
Forensics, data analysis, and sustainability reporting.
Consulting, investment banking, and entrepreneurship.
All of these choices.
All of these choices.
Luke Zhu’s Business Ethics video discusses how ethical conduct can benefit individuals in their career. What is one of the benefits mentioned?
Higher starting salaries
All of these choices
Easier access to prestigious internships
Faster promotions and leadership potential
Exemption from performance reviews
Faster promotions and leadership potential
What is the primary responsibility of Rula Alwan’s finance team at Walmart?
Determining inventory levels and staffing needs
None of the choices
All of the choices
Evaluating potential IT investments
Analyzing sales and gross profit by product category
Analyzing sales and gross profit by product category
According to the Schulich Library videos, how do search operators help in retrieving articles from business databases?
They make the search results less relevant
They show all articles available
They save time and retrieve relevant results
They complicate the search process
They save time and retrieve relevant results
Cindy Rzepecki mentioned that accountants can develop valuable “soft skills” in their work. Which of the following is an example of a soft skill that accountants can gain?
Advanced Excel modeling
Calculating depreciation and amortization
Presenting complex financial information to clients
Preparing detailed financial reports
Presenting complex financial information to clients
One of the ways Michelle Gupta (Procter & Gamble) learned about emotional intelligence was through:
All of these choices
Receiving feedback from her colleagues
Attending workshops and training sessions
Observing how her mentors interacted with others
Reading books and articles on the topic
All of these choices
What does Cindy Rzepecki say is a benefit of having an accounting designation like the CPA?
It guarantees a high-paying job with a prestigious firm.
It allows you to work in any industry or function.
It provides a consistent set of professional standards.
It opens up opportunities for travel and international work.
It provides a consistent set of professional standards.
According to Michelle Gupta’s (Procter & Gamble) video, emotional intelligence in the workplace is important because (please choose the best answer):
It helps you to understand negative feedback better
It helps build working relationships with business-people.
It is a critical soft skill to have in both work and personal life.
It enables businesses to achieve more than the sum of their parts.
It enables businesses to achieve more than the sum of their parts.
What is the key difference between CSR and ESG (environmental, social, and governance) according to Neda Riazi?
ESG is more focused on compliance, while CSR is more voluntary
ESG is more focused on local initiatives, while CSR is more global
ESG is more focused on transparency and measurable outcomes
ESG is more focused on philanthropy, while CSR is more operationally focused
ESG is more focused on transparency and measurable outcomes.
What resource is recommended in the Schulich Library video for researching public and private companies?
Library books
Wikipedia
Mergent Intellect
Google Search
All of these choices
Mergent Intellect
As discussed in Graeme Deans’ video on Career Paths, which of the following pieces of career advice does Zain Kahn recommend?
All you should focus on when choosing your first job is how big your salary will be
All of these choices
If something goes wrong, blame others and don’t take responsibility
Don’t worry about whether the industry you work in is growing or not – it’s your skill and talent that will shape your success
Never do anything that will damage your reputation
Never do anything that will damage your reputation
How are critical milestones typically represented in a project plan according to the Workplan video?
Through email notifications
All of these choices
In project memos
Via phone calls
Using Gantt charts
Using Gantt charts
What services can you avail of for business research help mentioned in the YorkU Libraries video?
Book rentals
Webinar sessions only
Chat service, in-person help, email, and Zoom consultation
Database access only
Chat service, in-person help, email, and Zoom consultation
What is an advantage of using Mergent Intellect for company research mentioned in the video?
It does not verify company ownership
It provides limited information
It offers competitor lists and industry reports
It only covers public companies
It offers competitor lists and industry reports
What does Cindy Rzepecki say is a common misconception about the accounting profession?
Accountants only work with numbers and spreadsheets all day.
Accountants are not able to communicate well with clients.
Accountants are not creative or innovative in their work.
Accountants have limited opportunities for career advancement.
Accountants have limited opportunities for career advancement.
What is a characteristic of privately-held companies mentioned in the video?
They are required to disclose all financial information
Their stock is available to the general public
They do not submit filings to securities regulators
They are heavily regulated
None of these choices
None of these choices
How do people who are emotionally intelligent manage their emotions effectively?
They ignore their emotions
They suppress their emotions
They change their actions
They amplify their emotions
They change their actions
In what ways does the DEI video suggest how can individuals contribute to promoting diversity and equity?
Overlooking different perspectives
Being silent observers of injustices
Avoiding any engagement or learning
Embracing diversity and advocating for equity
Embracing diversity and advocating for equity
Which of the following is NOT mentioned as a component of diversity?
None of these choices
Religion
Socioeconomic status
Age
Political perspective
None of these choices
Which resource lists all the business databases subscribed to by YorkU Libraries?
Market Analysis Reports
All of these choices
Finance Reference Materials
Industry Research Guides
Business Databases A to Z list
Business Databases A to Z list.
From the Emotional Intelligence video, what is “Perceiving Emotions” in emotional intelligence related to?
None of these choices
Our ability to detect emotions in ourselves
Our ability to detect emotions in others
Our ability to detect emotions in specific instances
Our ability to detect emotions in others
What is one key reason mentioned in the Schulich Library video that makes public companies easier to research?
They have fewer investors
They issue securities that can be owned by the general public
None of these choices
They are not regulated
They do not have to disclose financial information
They issue securities that can be owned by the general public
According to Luke Zhu’s Business Ethics video, what is one example of how ethical organizations can have a positive social impact?
Maximizing shareholder dividends
Maximizing shareholder returns
Lobbying the government for tax breaks
Supporting local communities and environmental conservation
Outsourcing labor to low-wage countries
supporting local communities and environmental conservation.
What does higher emotional intelligence correlate with, as mentioned in the video?
Higher mental stamina
All of these choices
Fewer anger issues
Higher academic and professional success
Higher physical strength
Higher academic and professional success
What is the primary responsibility of a Brand Manager at Procter & Gamble?
Growing their assigned brand.
Developing new product innovations.
Overseeing all marketing and advertising.
Managing the Sales team.
Growing their assigned brand.
According to Adriana Vujcic, why is it important to have a strong facilitator for brainstorming sessions?
All of these choices
To identify the best ideas
To ensure the sessions are fun and engaging
To keep the discussions on track and productive
To keep the discussions on track and productive
According to the Schulich Library videos, what is the downside of relying only on Google searches for resources?
Limited access to resources
All of these choices
overwhelming results
Paying for content
Not finding any relevant information
overwhelming results
Which citation style is mainly used in business according to the Citations video?
MLA
Harvard
APA
Chicago
Harvard
From Graeme Deans’ Career Path video, according to Warren Buffett, what are the three key qualities companies look for when hiring undergraduates?
Passion, resilience, and ambition
Integrity, intelligence, and energy
Leadership, teamwork, and technical skills
Creativity, problem-solving, and communication
Integrity, intelligence, and energy.
What advice does Rula Alwan give to students interested in pursuing a career in finance?
Network extensively with finance professionals
Try different courses and internships to find your passion
All of these choices
Focus mainly on taking finance and accounting course
try different courses and internships to find your passion.
Why are project workplans considered as “living documents”?
Due to being written in stone
To ensure constant changes and updates
To prevent client delays
All of these choices
To maintain a rigid structure
To ensure constant changes and updates
How does Rula Alwan’s non-CPA background impact her career progression at Walmart?
It limits her advancement opportunities
It provides her with a unique perspective
It has not been a significant factor in her career
It requires her to obtain an MBA in finance
It provides her with a unique perspective
What does “managing emotions” involve in emotional intelligence?
Amplifying feelings
Ignoring feelings
Regulating feelings in ourselves and others
Having no control over feelings
Regulating feelings in ourselves and others
According the the Schulich Library videos, what is a recommended way to search for articles in business databases?
Include all related words in the search
Exclude all keywords
Utilize search operators with keywords
Use only long phrases for keywords
Utilize search operators with keywords
When should you cite a source in a paper, according to the Citations video?
Never
Whenever you use information from a source
Only when directly copying text
Only for quotes
Whenever you use information from a source
What advice does Rula Alwan give to students interested in pursuing a career in finance?
All of these choices
Network extensively with finance professionals
Try different courses and internships to find your passion
Focus mainly on taking finance and accounting courses
try different courses and internships to find your passion.
In the video, Michelle Gupta (Procter & Gamble) mentions that she started to recognize the importance of emotional intelligence when:
She realized that she was becoming short with people when stressed.
She started leading bigger teams at Procter & Gamble.
She didn’t enjoy teamwork
She noticed people were disengaged from her ideas at Schulich.
All of these choices
She realized that she was becoming short with people when stressed.
According the the Schulich Library videos, what is a recommended way to search for articles in business databases?
Include all related words in the search
Utilize search operators with keywords
Use only long phrases for keywords
Exclude all keywords
Utilize search operators with keywords
How does the marketing team at Procter & Gamble collaborate with other functions?
They work closely with specialists in finance, legal, and supply chain.
They work in silos and don’t interact much.
They outsource all non-marketing work.
They only work with the Sales team.
They work closely with specialists in finance, legal, and supply chain.
From Graeme Deans’ Career video, according to Zain Kahn, what is the key reason why a good manager is more important than a good salary?
Good managers can accelerate your career growth
Good managers are harder to find than high-paying jobs
All of these choices
Good managers will mentor, train, and champion you
good managers can accelerate your career growth
When receiving feedback at work, Michelle Gupta’s (Procter & Gamble) advice is to:
Reframe the feedback in your mind as a gift to help you improve
Accept that, for the most part, it is true
Ask for specific examples to understand the feedback better
All of these choices
Think deeply about the feedback and develop an action plan to address it
All of these choices
What is one of the strengths of corporate foundations, according to Neda Riazi?
They provide more restricted funding to local organizations
They have more subject matter expertise than government agencies
They have more resources than traditional development organizations
They are better at marketing and branding than NGOs
All of these choices
All of these choices
What is one of the strengths of corporate foundations, according to Neda Riazi?
They provide more restricted funding to local organizations
They have more subject matter expertise than government agencies
They have more resources than traditional development organizations
They are better at marketing and branding than NGOs
All of these choices
they have more resources than traditional development organizations
How is a citation defined in the Citations video?
A specific source mentioned in the body of the essay or paper
A list of sources in the appendix
A random fact thrown in at the end
An abstract of the entire essay
A specific source mentioned in the body of the essay or paper
What is the purpose of providing a talking stick during brainstorming?
To prevent anyone from speaking
All of these choices
To facilitate a structured discussion where each person gets a chance to speak
To limit the number of ideas generated
To promote controlled chaos in the brainstorming session
To facilitate a structured discussion where each person gets a chance to speak
