If PepsiCo Sets Out to Increase Its Share of the Snack

question 102

Multiple Choice

If PepsiCo sets out to increase its share of the snack food market by 10 percent during the next eight years,what kind of goal is the organization setting?

• A) a short-term goal
• B) an intermediate goal
• C) a tactical goal
• D) a long-term goal
• E) an organizational goal

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Definitions:

Bank Reconciliation

The process of comparing and adjusting the balance shown in a company's bank statement with the amount shown in the company's own records.

Outstanding Checks

Checks that have been written and recorded in the payer's accounting system but have not yet been cashed or cleared by the bank.

Balance Per Bank

The balance as per bank refers to the amount of money shown in the bank's records as available in an account.

NSF Check

A cheque that has been returned by the bank because the account on which it was drawn did not have sufficient funds, stands for Non-Sufficient Funds.