Peregrine Actual Exam Newest 2026-2027 Peregrine

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Peregrine Actual Exam Newest 2026-2027 / Peregrine Actual Exam Practice Exam /Peregrine Actual Exam Preparation With 300 Questions And Correct Answers | Already Graded A+

Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, Mako, the manager, contacts Kip's parents. This violates

• ANSWER-No federal law

The process of setting major organization objectives and developing

plans to achieve them is called: - ANSWER-Strategic planning

One way human resource planning links to strategic planning is by

providing a set of inputs into the: - ANSWER-strategy formulation

process

In the SERVQUAL instrument for measuring service quality, the concept of assurance is associated with - ANSWER-The ability to convey trust and confidence

Which of the following is not one of W. Edwards Deming's 14 points? - ANSWER-The only performance standard is Zero Defects

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A leading force currently driving change at work is: - ANSWER-Global

competition

A questioning, probing attitude is at the core of: - ANSWER-critical

thinking

Which of the following IS NOT a purpose of a marketing plan? - ANSWER-It explains how marketing activities mesh with other functional areas

In the context of marketing planning, why is it vital that the marketing plan be capable of selling itself to top management? - ANSWER- Because top managers must decide whether the marketing plan is the best use for the organization's scarce resources

Sensitivity analysis considers - ANSWER-changes in the values of the payoffs.

A population characteristic, such as a population mean, is called - ANSWER-A parameter

OPERATING STATEMENT IS ANOTHER NAME FOR WHICH OF

THE FOLLOWING? - ANSWER-Income Statement

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AN INCREASE TO WHICH OF THE FOLLOWING ACCOUNTS

WILL INCREASE OWNERS' EQUITY? - ANSWER-Client Fees

PURCHASES RETURNS AND ALLOWANCES AND PURCHASE

DISCOUNTS ARE CLASSIFIED AS WHICH OF THE FOLLOWING

ON THE INCOME STATEMENT? - ANSWER-CONTRA-COST

ACCOUNTS

THE LAST STEP IN PREPARING A WORKSHEET IS WHICH OF

THE FOLLOWING? - ANSWER-TOTAL THE INCOME

STATEMENT AND BALANCE SHEET ITEMS TO COMPUTE NET

INCOME (LOSS)

Mission Statement vs Vision - ANSWER-A MISSION STATEMENT

DEFINES THE COMPANY'S BUSINESS, ITS OBJECTIVES AND

ITS APPROACH TO REACH THOSE OBJECTIVES. A VISION

STATEMENT DESCRIBES THE DESIRED FUTURE POSITION OF

THE COMPANY. ELEMENTS OF MISSION AND VISION

STATEMENTS ARE OFTEN COMBINED TO PROVIDE A

STATEMENT OF THE COMPANY'S PURPOSES, GOALS AND

VALUES. HOWEVER, SOMETIMES THE TWO TERMS ARE USED

INTERCHANGEABLY.

Corporation Structure - ANSWER-A BOARD OF DIRECTORS;

OFFICERS; EMPLOYEES; SHAREHOLDERS/OWNERS

AN INTERNAL CONFIGURATION OF THE FUNCTIONAL AREAS

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CORPORATE GOVERNANCE - ANSWER-IT ESSENTIALLY

INVOLVES BALANCING THE INTERESTS OF A COMPANY'S

MANY STAKEHOLDERS, SUCH AS SHAREHOLDERS,

MANAGEMENT, CUSTOMERS, SUPPLIERS, FINANCIERS,

GOVERNMENT AND THE COMMUNITY

IT ENCOMPASSES PRACTICALLY EVERY SPHERE OF

MANAGEMENT, FROM ACTION PLANS AND INTERNAL

CONTROLS TO PERFORMANCE MEASUREMENT AND

CORPORATE DISCLOSURE .

GDP Calculation - ANSWER-THE FORMULA FOR GDP IS: GDP = C

• I + G + (EX -IM), WHERE "C" EQUALS SPENDING BY

CONSUMERS, "I" EQUALS INVESTMENT BY BUSINESSES, "G" EQUALS GOVERNMENT SPENDING AND "(EX -IM)" EQUALS

NET EXPORTS, THAT IS, THE VALUE OF

EXPORTSMINUSIMPORTS.

GROSS DOMESTIC PRODUCT (GDP) - ANSWER-IS ONE OF THE

PRIMARY INDICATORS USED TO GAUGE THE HEALTH OF A

COUNTRY'S ECONOMY. IT REPRESENTS THE TOTAL DOLLAR

VALUE OF ALL GOODS AND SERVICES PRODUCED OVER A

SPECIFIC TIME PERIOD, OFTEN REFERRED TO AS THE SIZE OF

THE ECONOMY

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