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GEB 4522 UCF Final Exam Study Guide
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GEB 4522 UCF Final Exam Study Guide
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GEB 4522 UCF Final Exam Study GuideModule 7 Correct Answer-Study Guide
An index would help measure: Correct Answer-Market penetration
For ratios to be useful and meaningful, they should be? Correct Answer-
Calculated consistently from period to period
The following are ratios regularly used for comparison: Correct
Answer--Other companies in your industry
-Internal goals
-Prior periods
(P.I.C)
The following ratio is NOT regularly used for comparison: Correct
Answer-Other companies outside of your industry
Type of ratio that measures how well the business is performing over a
specific period, and will it have the resources to continue? Correct
Answer-Profitability Sustainability Ratios
List of challenges of using historical data to forecast future
performance? Correct Answer--Changes in policy established by
management
-Failure to adjust for inflation
, -Changes in the general state of the economy
(F.C.C)
NOT a challenge of using historical data to forecast future performance?
Correct Answer-Benchmark values change over time
A sales increase of 5% is always good. Correct Answer-False
Benchmarking is? Correct Answer-An activity that tells you your
position/status by comparing yourself to others
Benefits of benchmarking? Correct Answer--Improved quality
-Leveraging areas of strength
-Better performance
(L.I.B)
Which is NOT a benefit of benchmarking Correct Answer-Mimicking
another company
The following are factors in evaluating the data used to benchmark?
Correct Answer--Timeliness
-Accuracy
-Comparability
(C.A.T)
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