Which of the Following Would Not Be Considered an Internal

question 217

Multiple Choice

Which of the following would not be considered an internal centralized service department?

• A) Payroll Accounting Department
• B) Manufacturing Department
• C) Information Systems Department
• D) Purchasing Department

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Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Market Basket

A selected set of goods and services used to track changes in prices and measure inflation over time; represents the typical consumption of a household.

Nominal GDP

The aggregate price of every ultimate good and service generated within a nation over a certain period, valued in the current monetary rates without modifications for inflationary changes.

Hyperinflation

A very high rate of inflation.