Which of the Following Is an Example of a Strategic

question 89

Multiple Choice

Which of the following is an example of a strategic goal for a professional baseball team?

• A)to increase attendance by 5 percent over the next three years
• B)to increase television revenues over the next 5 years
• C)to decrease payroll by 20 million over the next 2 years
• D)to average over 90 wins a year for the next 5 years

---

Definitions:

Supplies

Items or materials used in the operation of a business and often classified as a type of inventory on the balance sheet.

Variable Manufacturing Overhead

Costs in the manufacturing process that vary with the level of production output, such as utilities or indirect materials, but do not directly correlate to specific units of production.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the standard cost allocated, based on the actual activity level.

Variable Overhead Standards

The predetermined costs associated with variable overheads that are expected to be incurred under normal operating conditions.