Michelle Jones Has Been Asked by Her Manager to Write

question 20

Multiple Choice

Michelle Jones has been asked by her manager to write a report,recommending the best place for their store to relocate.They need to relocate primarily because their business has outgrown their present space.Though a large office space is of importance,availability of parking space will also be a determining factor.Which of the following sections in the report will this information be covered in?

• A) Scope
• B) Limitations
• C) Assumptions
• D) Criteria
• E) Methods

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Definitions:

Vocational School

An educational institution that provides practical and skills-based training for specific careers or trades.

Budgets

Financial plans outlining expected revenues and expenditures for a specific period.

Activity Variances

Differences between planned activity costs and the actual costs incurred for those activities.

Cost Drivers

Factors that cause the cost of an activity or operation to increase or decrease, such as machine hours, labor hours, or the volume of production.