Intellectual Properties, Trademarks and Copyrights

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Intellectual Properties, Trademarks and Copyrights ExamREVIEW.NET (a.k.a. ExamREVIEW) is an independent content developer not associated/affiliated with the certification vendor(s) mentioned throughout this book. The name(s), title(s) and award(s) of the certification exam(s) mentioned in this book are the trademark(s) of the respective certification vendor(s). We mention these name(s) and/or the relevant terminologies only for describing the relevant exam process(es) and knowledge. We are NOT affiliated with IAAP. This book is also NOT endorsed by IAAP. The CAP certification exam is the property of IAAP. MOS and MS Word are the trademarks of Microsoft. We are not affiliated with Microsoft. ExamREVIEW(TM) and ExamFOCUS(TM) are our own trademarks for publishing and marketing self-developed examprep books worldwide. The EXAMREVIEW.NET web site has been created on the Internet since January 2001. The EXAMFOCUS.NET division has its web presence established since 2009. Copyright 2012, 13. ExamREVIEW.NET. All rights reserved. Contents of this book are fully copyrighted. We develop study material entirely on our own. Braindump is strictly prohibited. We provide essential knowledge contents, NOT any generalized "study system" kind of "pick-the-right-answerevery time" techniques or "visit this link" referrals. 1

Contents Update All books come with LIFE TIME FREE UPDATES. When you find a newer version of the purchased book all you need to do is to go and download. Please check our web site s Free Updates section regularly: http://www.examreview.net/free_updates.htm Page Formatting and Typeface To accommodate the needs of those with weaker vision, we use LARGER PRINT throughout the book whenever practical. The text in this book was created using Garamond (size 16). A little bit of page resizing, however, may have happened along the actual book printing process. Exam topics covered in this book According to the International Association of Administrative Professionals (IAAP), both the Certified Professional Secretary (CPS) exam and the Certified Administrative Professional (CAP) exam are multiple choice based. Starting from Nov 2011 the CAP exam will be offered as a single part exam. The new exam covers: Communication Organization and Planning Information Distribution Records Management Physical and Information Resources Document Production Financial Functions Human Resources 2

As a CAP candidate, you are expected to know almost EVERYTHING. You do not have to be an expert in everything, but your peers will expect you to have knowledge on almost everything. Keep in mind, the phrase administrative professional is a general title associated with administrative support staff - you need to provide support whenever requested. Support request can come from different sources and may involve different disciplines. Even though you may not always need to provide hands-on help, you do need to know how to properly "redirect" and "allocate" the help requests to the proper places. In fact, administrative professionals are expected to greet and assist company visitors and customers as well as managers, executives and their staff. They serve BOTH as frontline personnel and as backend personnel. They need to be good communicators. They need to be able to adapt to different personalities and work styles of bosses and peers. There isn't any affordable "official" self study pack in the market, so we fill the gap here by releasing this product, which provides extensive and in-depth coverage on a wide variety of business and office management topics to help you prepare for the exam. Also, as of the time of this writing, after passing the CAP exam you can apply for a TA Specialty by passing one of the Microsoft Office certifications. This Study Guide provides full coverage on the Microsoft MOS Word 2013 exam, which can satisfy the TA Specialty exam requirement. The exams are not difficult provided that you are experienced in office administration. If you are not, then lots of readings would have to be done. The books listed below provide good coverage on the various office administration topics and procedures: The Professional Secretary Volume 1: Communication Skills, by John Spencer and Adrian Pruss (1995) 3

The Professional Secretary s Handbook: Management Skills, by John Spencer and Adrian Pruss (1995) The Complete Office Handbook, by Mary A Devries (1987) Procedures for the Office Professional / 4 ed, by Patsy Fulton-Calkins and Joanna D Hanks (2000) Table of Contents (2013 Revised Edition) INTELLECTUAL PROPERTIES, TRADEMARKS AND COPYRIGHTS...1 CONTENTS UPDATE...2 PAGE FORMATTING AND TYPEFACE...2 EXAM TOPICS COVERED IN THIS BOOK...2 COMPUTER SKILLS PREPARATION REVIEW...7 OPERATING SYSTEMS...7 APPLICATION SOFTWARE...8 INTERNET CONNECTIONS... 12 WEB BROWSING... 12 EMAIL COMMUNICATION... 13 ENCRYPTION... 14 HARDWARE AND DEVICES... 14 ERGONOMICS... 17 VIRTUAL OFFICE... 18 FAX... 18 PRACTICAL HOW-TO... 19 THE SECRETARIAL PROFESSION...20 BASIC BUSINESS KNOWLEDGE AND SKILLS...24 ECONOMICS... 24 MONETARY POLICY AND FISCAL POLICY... 28 ECONOMIC GROWTH, INFLATION AND CPI... 28 BALANCE OF PAYMENTS AND BALANCE OF TRADE... 29 4

MONEY SUPPLIES, EXCHANGE RATE AND CURRENCY VALUATION... 30 FOREIGN EXCHANGE... 30 ECONOMIC INDICATORS... 31 BASIC ACCOUNTING PRINCIPLES... 31 BASIC ACCOUNTING PRACTICES... 34 BASIC BOOKKEEPING... 37 DEPRECIATION AND VALUATION... 40 BASIC MANAGEMENT PRINCIPLES... 42 BASIC OB MODELS AND THEORIES... 46 ORGANIZATIONAL STRUCTURE AND DEVELOPMENT... 47 GROUP MANAGEMENT... 49 BASIC CHANGE MANAGEMENT... 51 BASIC STRATEGIC PLANNING... 52 LEVELS OF STRATEGY FORMULATION... 53 US BUSINESS ENVIRONMENT AND REGULATORY REQUIREMENTS... 54 BASIC BUDGETING... 57 OTHER COSTING ACTIVITIES AND METHODS... 59 PERFORMANCE MEASUREMENT, ROI AND BENCHMARKING... 61 INFORMATION MANAGEMENT... 62 COMMUNICATION MANAGEMENT... 63 BUSINESS NEGOTIATION... 66 MANAGING CUSTOMERS... 66 BASIC MARKETING... 67 SERVICE CHAIN MANAGEMENT... 69 THE SALES PROCESS... 69 MANAGING QUALITY... 70 BUSINESS PROCESS REENGINEERING... 72 LEADERSHIP... 73 CORPORATE STRUCTURE AND GOVERNANCE... 74 TYPES OF BUSINESS ORGANIZATION... 76 AGENCY THEORY... 79 BUSINESS ETHICS... 80 SOCIAL RESPONSIBILITY... 81 RECORDS MANAGEMENT... 81 MANAGING TIME... 88 MANAGING KNOWLEDGE... 89 5

MEASURING BUSINESS PERFORMANCE... 91 METRICS FOR OPERATION AND INVENTORY MANAGEMENT INCLUDE:... 92 MANAGING PROCUREMENT... 94 MANAGING BUSINESS CONTRACT... 97 STAFFING... 100 WORKPLACE DEVIANCE... 104 STAFFING RELATED LAWS AND REGULATIONS... 105 INTERNAL CONTROLS... 108 DELEGATION VS MICROMANAGEMENT... 111 WORKPLACE PRIVACY... 112 DIVERSITY MANAGEMENT... 113 RISK MANAGEMENT... 113 ASSESSING THREATS... 114 BCP, DRP AND COOP... 114 MOS WORD 2013...116 THE PRIMARY INTERFACE... 116 WORD DOCUMENTS... 118 DOCUMENT FORMATTING AND PAGE LAYOUT... 131 TEXT FORMATTING AND LISTS... 141 PARAGRAPHS AND SECTIONS... 147 TABLES... 153 REFERENCES... 157 BIBLIOGRAPHY, ENDNOTES, FOOTNOTES AND CAPTIONS... 162 BUILDING BLOCKS, QUICK PARTS, SHAPES, PICTURES AND OTHERS... 167 MACRO AND SHORTCUT KEYS... 175 6