Which of the Following Is Not an Input Process to Develop

question 113

Multiple Choice

Which of the following is not an input process to develop forecasts?

• A) environmental scanning
• B) competitor intelligence
• C) stakeholder management
• D) environmental monitoring

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Definitions:

Cost Of Goods Sold

A financial measure that calculates the cost incurred to produce products sold by a company, including materials and labor.

Gross Profit

The income a business earns once it subtracts the expenses involved in producing and marketing its goods, or the expenses related to delivering its services.

Other Revenue And Expenses

These refer to the income and costs that are not related to the main business activities of a company.

Purchases Account

An account used in the accounting for all goods bought for resale or for use in the production process.