Which of the Following Is True About the National Performance

question 16

Multiple Choice

Which of the following is true about the National Performance Review?

• A) The size of the federal workforce was reduced by about 50 percent.
• B) The size of the federal workforce was reduced by about 25 percent.
• C) The size of the federal workforce was reduced by about 10 percent.
• D) The size of the federal workforce did not really change at all.
• E) The size of the federal workforce increased by 15 percent.

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Definitions:

Purchase Order

A formal document issued by a buyer to a seller, detailing the products or services ordered and the agreed-upon price.

Periodic Inventory System

A system in which inventory levels are updated in the accounting records on a periodic basis, typically at the end of an accounting period.

Physical Inventory

A detailed listing of merchandise on hand.

Perpetual Inventory System

A method that continuously updates inventory records to reflect sales, returns, and additions in real time.