An overly optimistic sales budget may result in
a. increases in selling prices late in the year.
b. insufficient inventories.
c. increased sales during the year.
d. excessive inventories.
Answer: d. excessive inventories.
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What should be the focus of the Work Experience section of the résumé?
A) Responsibilities of the job B) Job title C) Reason for leaving the position D) What was accomplished in each position E) Volunteer efforts
Two divisions of Central Company (Divisions X and Y) have the same profit margins. Division X's investment turnover is larger than that of Division Y (1.2 to 1.0). Income from operations for Division X is $50,000, and income from operations for Division Y is $38,000. Division X has a higher return on investment than Division Y by:
A) using income from operations as a performance measure B) comparing income from operations C) applying a negotiated price measure D) using its assets more efficiently in generating sales