The 12-month period that ends when a company's sales activities are at their lowest level is called the:

A. Interim period.
B. Natural business year.
C. Fiscal year.
D. Accounting period.
E. Calendar year.


Answer: B

Business

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As their overseas operations have increased in importance, larger multinationals have felt the need to

A. establish worldwide organizations based on product, customer class, function, or region at the top level. B. adopt a matrix structure to improve efficiency and reduce the complexity of global activities. C. eliminate their domestic operations. D. establish worldwide organizations based on product, process, national subsidiary, or customer classes at the top level. E. change from a global structure to an international division.

Business

While preparing a contribution margin income statement, the costs are shown into which of the two categories?

A) Direct materials and indirect materials B) Product and period C) Variable and fixed D) Avoidable and unavoidable

Business

Lako Systems is committed to delivering training to its employees when and where they need it to do their jobs. Lako Systems has embraced

A. cross-training. B. apprenticeship training. C. just-in-time training. D. on-the-job training.

Business

A project manager can identify the skills needed for the project from the:

A) Departmental personnel listings. B) Project budget. C) Stakeholder meeting. D) Work breakdown structure.

Business