Quiz 2 Flashcards

1
Q

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

A

Change and progress require active engagement.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

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

A

All these choices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

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

A

Business Databases A to Z list

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

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.

A

All these choices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

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

A

Ethical decision-making and the impact on individuals and organizations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

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

A

To organize the project and inform stakeholders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

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

A

To train her for a leadership role in the company

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

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

A

Quick report

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

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

A

Good managers will mentor, train, and champion you

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

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

A

She realized that she was becoming short with people when stressed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

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

A

BRYT (Business Research at York Toolkit) site

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

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

A

Demographic, business, and marketing data

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

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.

A

offering training on how to have sensitive and difficult conversations.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

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

A

Responsible, Accountable, Consulted, Informed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

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

A

They are expected to run the day-to-day operations of audits

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

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

A

It narrows down the search results

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

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

A

To come up with solutions quickly and intuitively

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is equity focused on promoting?

Discrimination and segregation

Unfairness and bias

Inequality and exclusion

None of these choices

Justice and impartiality

A

Justice and impartiality

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

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

A

Moral compass

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What does “managing emotions” involve in emotional intelligence?

Amplifying feelings

Having no control over feelings

Ignoring feelings

Regulating feelings in ourselves and others

A

Regulating feelings in ourselves and others

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

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

A

They must submit filings like annual reports and financial statements

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

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

A

Plagiarism issues

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

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.

A

Customers are retailers like Walmart, while consumers are individual shoppers.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

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

A

Integrity, intelligence, and energy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

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

A

By embracing and welcoming all individuals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What does “Using Emotions” refer to in the context of emotional intelligence?

Amplifying emotions

Ignoring emotions

Aligning hearts with heads

Suppressing emotions

A

Aligning hearts with heads

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Which of the following is NOT a part of a project workplan?

All of these choices

Output

Outcome

Input

Project goal

A

Outcome

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

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

A

Auditing financial statements and interacting with clients:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

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

A

All of these choices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

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

A

reputation is key and difficult to recover once damaged

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

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

A

Inductive reasoning and creative problem-solving

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

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

A

Supporting local communities and environmental conservation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

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

A

Mapping out consumer spending habits

27
Q

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

A

The project is on track

28
Q

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.

A

All of these choices.

29
Q

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

A

Faster promotions and leadership potential

30
Q

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

A

Analyzing sales and gross profit by product category

31
Q

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

A

They save time and retrieve relevant results

32
Q

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

A

Presenting complex financial information to clients

33
Q

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

A

All of these choices

34
Q

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.

A

It provides a consistent set of professional standards.

35
Q

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.

A

It enables businesses to achieve more than the sum of their parts.

36
Q

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

A

ESG is more focused on transparency and measurable outcomes.

37
Q

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

A

Mergent Intellect

38
Q

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

A

Never do anything that will damage your reputation

39
Q

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

A

Using Gantt charts

40
Q

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

A

Chat service, in-person help, email, and Zoom consultation

41
Q

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

A

It offers competitor lists and industry reports

42
Q

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.

A

Accountants have limited opportunities for career advancement.

43
Q

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

A

None of these choices

44
Q

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

A

They change their actions

45
Q

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

A

Embracing diversity and advocating for equity

46
Q

Which of the following is NOT mentioned as a component of diversity?

None of these choices

Religion

Socioeconomic status

Age

Political perspective

A

None of these choices

47
Q

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

A

Business Databases A to Z list.

48
Q

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

A

Our ability to detect emotions in others

49
Q

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

A

They issue securities that can be owned by the general public

50
Q

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

A

supporting local communities and environmental conservation.

51
Q

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

A

Higher academic and professional success

52
Q

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.

A

Growing their assigned brand.

53
Q

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

A

To keep the discussions on track and productive

54
Q

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

A

overwhelming results

55
Q

Which citation style is mainly used in business according to the Citations video?

MLA

Harvard

APA

Chicago

A

Harvard

56
Q

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

A

Integrity, intelligence, and energy.

56
Q

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

A

try different courses and internships to find your passion.

57
Q

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

A

To ensure constant changes and updates

58
Q

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

A

It provides her with a unique perspective

59
Q

What does “managing emotions” involve in emotional intelligence?

Amplifying feelings

Ignoring feelings

Regulating feelings in ourselves and others

Having no control over feelings

A

Regulating feelings in ourselves and others

60
Q

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

A

Utilize search operators with keywords

61
Q

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

A

Whenever you use information from a source

62
Q

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

A

try different courses and internships to find your passion.

63
Q

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

A

She realized that she was becoming short with people when stressed.

64
Q

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

A

Utilize search operators with keywords

65
Q

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.

A

They work closely with specialists in finance, legal, and supply chain.

66
Q

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

A

good managers can accelerate your career growth

67
Q

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

A

All of these choices

68
Q

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

A

All of these choices

69
Q

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

A

they have more resources than traditional development organizations​

70
Q

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

A specific source mentioned in the body of the essay or paper

70
Q

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

A

To facilitate a structured discussion where each person gets a chance to speak

71
Q
A