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

question 48

Multiple Choice

As the regional manager, Ted's performance is evaluated on the difference between the sales revenues generated by his region and the cost of making those goods and services. Ted is being evaluated using:

• A) a profit budget approach.
• B) a revenue budget approach.
• C) a cash flow budget approach.
• D) a cost budget approach.
• E) an expense budget approach.

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Definitions:

Gantt Chart

A type of bar chart that illustrates a project schedule, showing the start and finish dates of elements.

Time Line Chart

Chart that shows how much time is needed to complete each task in a project.

Surface Chart

A type of chart used in data visualization to represent three-dimensional data; it shows the relationships among three variables.

Cumulative Effect

The overall impact resulting from the addition of several individual effects.