Standard test/quiz no. 387: Testování: Test/quiz: Corporate planning II

1/10

Corporate vision is

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

2/10

Do corporate goals need to be measurable?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

3/10

What is the name for financial plan which works as a kind of target?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

4/10

Budget is always fixed and cannot be changed. Is this assertion correct?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

5/10

Calculate quantity variance on revenues from planned data and write down the rounded number. Plan: revenues 20 000, sales volume 200. Actual: revenues 22 000, sales volume 190.

Please write down the correct answer.
Maximum possible % gain: 10%

6/10

What is the name of time series component that usually last a few years and repeat in medium-term period?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

7/10

Time series can be split into trend, season, cycle and random element. Trend can be derived by using regression analysis. Is this assertion correct?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

8/10

Calculate 3-month moving average for April from the following sales volume data and write the rounded number down: January: 255, February: 260, March: 279, April: 285, May: 270, June: 300, July: 315

Please write down the correct answer.
Maximum possible % gain: 10%

9/10

Investment center is responsibility center, for which are specifically collected and analyzed

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

10/10 Select the correct answers from the list.

Select the correct answers from the list.
Maximum possible % gain: 10%

Assign the standard type used during standard costing: 

  1. assumes that all possible favorable conditions and no unfavorable will happen  
  2. is set to be realistic and challenging at the same time with a reasonable allowance for losses, inefficiency and idle time  
  3. is based on existing working conditions
  4. is based on the working conditions over long period of time and reflects trend and does not change much over time 

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Time remaining:
Time limit: 5 minute/s
Will be finished at: 06:14:28
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