All of the following are key elements of understand the configuration of the cost base, EXCEPT:

A. identify the various sacrifices which the organization will face
B. identify the various costs which the organization will face
C. the percentage impact which key cost areas have on the total cost base of the organization
D. the degree of controllability which managers have, in the near term, on costs being incurred`
E. the nature of the various costs which the organization will face

Ans: A. identify the various sacrifices which the organization will face

Business

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Silver Fire Electric Inc., a U.S.-based company, has productive activities in more than two countries. As a result, it would be most appropriate to refer to Silver Fire Electric as what type of enterprise?

A. Greenfield B. Universal C. Private D. Multinational E. Public

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When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at

a. a premium b. their face value c. their maturity value d. a discount

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