Exam (elaborations)
NEW 2024 PEREGRINE EXAM GRADED A+
- Course
- Institution
NEW 2024 PEREGRINE EXAM GRADED A+
[Show more]
Content preview
NEW 2024 PEREGRINEEXAM GRADED A+
1. Question: What is the primary purpose of managerial accounting?
○ Answer: The primary purpose of managerial accounting is to provide financial
and non-financial information to managers for the purpose of planning,
controlling, and decision-making within an organization.
2. Question: In a perfectly competitive market, which of the following is true?
○ A) Firms are price setters.
○ B) There are significant barriers to entry.
○ C) Products are differentiated.
○ D) There are many sellers and buyers.
○ Answer: D) There are many sellers and buyers.
3. Question: Which financial statement provides information about a company’s financial
position at a specific point in time?
○ Answer: The balance sheet provides information about a company’s financial
position at a specific point in time, showing assets, liabilities, and equity.
4. Question: What is the concept of "opportunity cost"?
○ Answer: Opportunity cost refers to the value of the next best alternative that
must be foregone when making a decision.
5. Question: According to Maslow's hierarchy of needs, which need is at the top of the
pyramid?
○ Answer: Self-actualization is at the top of Maslow's hierarchy of needs.
:
Business and Management
1. Question: What is the main objective of strategic management?
○ Answer: The main objective of strategic management is to achieve and maintain
a competitive advantage.
2. Question: Which leadership style is characterized by a leader making decisions
unilaterally?
○ Answer: Autocratic leadership.
3. Question: What is SWOT analysis used for?
○ Answer: SWOT analysis is used to identify the Strengths, Weaknesses,
Opportunities, and Threats related to a business or project.
4. Question: What does the term "corporate social responsibility" (CSR) refer to?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller smartguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77973 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now