Statistics for Business study oclock

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General Stats
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General Stats

This quiz has been taken 10 times
The average score is 7 of 27

Answer Stats

Hint	Answer	% Correct
Acceptance by a corporate of it's responsibility to stakeholders for actions and decisions	Corporate Citizenship	100%
A unique name identifying the website in a web address	Domain Name	100%
Australia's national workplace relations tribunal. It's role is to assist employers and employees to maintain fair and productive work places.	Fair Work Comission	100%
A contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.	Insurance	100%
The process by which a business ensures that it observes and complies with the external statutory laws and regulations.	Legal Complience	100%
A rule that is created, maintained and enforced by an authority	Regulation	100%
a pension payment made to workers on retirement; the money comes from employers' contribution made during the working life of the employee	Superannuation	100%
a periodical statement where the bank itemises the transactions relating to an account; for example, debits, credits, government and bank canges	bank statement	0%
one of the simplest forms of financial record keeping; sets out all the cash transactions of a business including receipts and payments.	Cash Book	0%
Tracking the cash or money coming into and going out of the business	cash flow	0%
When items are purchased and paid for in cash	cash payments	0%
Guidelines to regulate standards of behaviour and conduct either within an organisation or within an industry	Code of conduct	0%
Sets of guidelines established by external bodies to regulate the standards of behaviours and conducts within an industry	Codes of practise	0%
the ability of an ecosystem to maintain itself into the future; involves using the early resources at a rate they can be replenished.	Environmental sustainability	0%
Information which identifies type of transaction, it's date, parties and financial value	evidence	0%
To lie or exaggerate about the features or benefits offered by a product being sold	False representation	0%
Managing financial activities relating to the operation of a business.	Financial management	0%
A written statement of the processes, procedures, rules and regulations	Policy	0%
Periodic payment made to an insurance company	Premium	0%
The specific regulations that a business uses to guide the process of procuring goods and services that are necessary	Procurement Policy	0%
the protection of business against damages or injuries to another person or property	Public Liability Insurance	0%
Maintaining accurate records of all matters related to business activities	Record Keeping	0%
An assessment of the level of risk for which insurance cover is sought, conducted by an insurance company	risk assessment	0%
Documents that provide evidence of transactions	Source Documents	0%
Contractual arrangements undertaken by a business; for example, payment of wages or rent.	Transactions	0%
A written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.	Warranty	0%
The relationship between employer and employee with regards to contractual, emotional, physical and practical concerns.	Workplace relations	0%