As a Regional Manager, Maria's Performance Is Evaluated on the Difference

question 72

Multiple Choice

As a regional manager, Maria's performance is evaluated on the difference between her region's sales revenues and the cost of making the goods and services sold. Maria is being evaluated using a(n) ________ budget approach.

• A)profit
• B)revenue
• C)cash flow
• D)cost
• E)expense

Understand the impact of organizational size on accident rates.

Formulate arguments for improving workplace safety and health.

Describe components of effective health prevention programs.

Recognize controversial approaches to controlling occupational diseases.

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Definitions:

Historical Cost Method

An accounting technique that values an asset at its original purchase price, without adjustments for inflation or market value changes.

Cost with Amortization Method

The spreading of the cost of an intangible asset over its useful life, affecting financial statements through periodic charges.

Unrealized Gain

The potential profit that exists on paper resulting from an investment that has not yet been sold for cash.

Fair Value Adjustment

A process of adjusting the book value of an asset or liability to reflect its current market value.