A sales forecast is an example of an organizational control from the _____ area.
A. informational
B. physical
C. human resources
D. financial
E. capital
A. informational
Production schedules, sales forecasts, environmental impact statements, analyses of competition, and public relations briefings are all controls on an organization's various information resources.
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A major role played by intermediaries is to buy large quantities of products from many producers and break them down into the smaller quantities and broader assortments wanted by consumers
Indicate whether the statement is true or false
What commonly causes the frequency of sales calls made by a salesperson to increase?
What will be an ideal response?
The ____ represents the amount of each additional sales dollar that contributes towards the payment of fixed costs and, ultimately, increasing net operating profit
A) contribution margin ratio B) contribution margin per unit C) break-even point D) variable cost per unit
Which of the following would not cause the trial balance to be out of balance?
a. An error being made in carrying the account balance to the trial balance b. The balance of an account being incorrectly computed c. An account with a debit balance being recorded as a credit or vice versa d. A debit to Utilities Expense being posted as a debit to Rent Expense