One Important Short-Term Financial Goal for a Company Is to Earn

question 5

Multiple Choice

One important short-term financial goal for a company is to earn the projected operating income for the period. The overall extent to which this goal was achieved is measured by comparing the actual operating income for the period to the:

• A) Flexible-budget operating income for the period.
• B) Prior period's operating income.
• C) Income reflected in the company's balanced scorecard.
• D) Master budget operating income.
• E) Industry average operating income.

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Definitions:

Extinction

In behavioral psychology, the process through which a conditioned response decreases or disappears after the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Continuous Reinforcement

A learning process in operant conditioning where a behavior is reinforced every time it is exhibited, leading to quicker acquisition of the behavior.

Saccharin-Flavored Water

A solution used in experiments, typically involving taste preference or aversion, containing saccharin as an artificial sweetener.

X Rays

A form of electromagnetic radiation primarily used for medical imaging to create pictures of the inside of the body.