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

question 143

Multiple Choice

One important short-term goal for a company is to earn the projected operating income for the period.Attainment of this goal is measured by comparing the actual operating income to the:

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

---

Definitions:

Fat-To-Muscle Ratio

A measure of body composition indicating the proportion of fat relative to muscle mass.

High Metabolism

A condition where the body burns calories at a faster rate than average, often resulting in difficulty gaining weight.

Satiety

The feeling of fullness or satisfaction that signals the end of a meal and inhibits eating until the next meal.

Hunger Pangs

Physical sensations of discomfort or pain in the stomach area indicating the need or desire to eat.