What is an advantage of a blueprint?
a. it contains the bottom line—right up front
b. it helps your readers understand your document's structure
c. it eliminates unnecessary white space
d. all of the above
b
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An operating segment is significant and reportable if it satisfies at least one of three tests. Which of the following is not one of those three tests?
A) profit test B) revenue test C) asset test D) ratio test
Which of the following is a media measure?
A) consumer price index B) GDP per capita C) wholesale price index D) click-through rate E) human development index
Environmental scanning is mostly used
A. to gather information on market weaknesses. B. during the planning process to obtain information on opportunities and threats. C. to predict weather conditions in the agricultural sector. D. to determine triple bottom-line report data.
Thurston Products Thurston Products sells a popular style of running shoe. The company has prepared the following sales forecast for the second quarter of 2012: April 50,000 pairs May 120,000 pairs June 145,000 pairs Ending inventory at March 31, 2012 was budgeted at 7,500 pairs. Management would like the desired quantity of finished goods inventory at the end of each month to be equal to 15
percent of next month's budgeted unit sales. July's sales are projected to be 135,000 pairs. Each completed unit of finished product requires 2 pounds of rubber material at a cost of $1.75 per pound. The company has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. Refer to the Thurston Products information above. The total required production of running shoes for the second quarter of 2012 is: A) 315,000 pairs B) 327,750 pairs C) 302,250 pairs D) 287,250 pairs