Quiz 2 Flashcards by Daria Werminski

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.

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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.

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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

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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

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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

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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

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What is equity focused on promoting?

Discrimination and segregation

Unfairness and bias

Inequality and exclusion

None of these choices

Justice and impartiality

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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

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What does “managing emotions” involve in emotional intelligence?

Amplifying feelings

Having no control over feelings

Ignoring feelings

Regulating feelings in ourselves and others

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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

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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

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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.

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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

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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

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

Quiz 2 Flashcards

(80 cards)