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UPDATED PEREGRINE EXAM QUESTIONS WITH COMPLETE SOLUTIONS
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UPDATED PEREGRINE EXAM QUESTIONS WITH COMPLETE SOLUTIONS UPDATED PEREGRINE EXAM QUESTIONS WITH COMPLETE SOLUTIONS
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PEREGRINE EXAM 2024-2025 QUESTIONSWITH COMPLETE SOLUTIONS
Which of the following is NOT a strategic alternative to laying off employees?
1. implementing a restricted hiring policy
2. downsizing the workforce
3. lowering employment standards
4. mandating reduced hours - CORRECT ANSWER 3. Lowering Employment
Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses
$10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras
in each taco. If he sells tacos at $475 each, what is his break-even quantity? -
CORRECT ANSWER 173,310
The Marketing Concept today is about what?
1. Sales
2. Relationships
3. Aggressive advertising
4. Price - CORRECT ANSWER 1. Sales
Which of these is not a cash flow activity category in the Statement of cash flows?
1. operating.
, PEREGRINE EXAM 2024-2025 QUESTIONS
WITH COMPLETE SOLUTIONS
2. investing.
3. financing.
4. depreciating. - CORRECT ANSWER 4. Depreciating
Which one of the following statements is false?
1. TC = TFC + TVC
2. ATC = AFC + AVC
3. AFC = TFC divided by Q
4. MC = TC divided by Q - CORRECT ANSWER 3. AFC = TFC divided by Q
The ratio that explains how efficiently companies use their assets to generate revenue.
1. Receivables turnover ratio
2. Asset turnover ratio
3. Income ratio
4. Quick ratio - CORRECT ANSWER 2. Asset Turnover Ratio
The sum of the squares total (SST)
1. measures the total variability in X about the mean.
2. measures the total variability in Y about the mean.
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