People at ________ Levels in an Organization Draw on Business

question 5

Multiple Choice

People at ________ levels in an organization draw on business intelligence to make decisions related to marketing plans, product development, and departmental budgets.

• A)operational
• B)tactical
• C)strategic
• D)top

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies.

Intra-entity Gross Profit

The profit recognized on transactions conducted within the same entity, not realized in consolidated financial statements until the transactions affect an external party.

January 1 Retained Earnings

The amount of earnings retained in a company as of the beginning of the fiscal year, not distributed to shareholders in the form of dividends.

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits as income.