There is a strong feeling among some supply chain experts that the mitigation of risk is the best driver of sustainability initiatives.

The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed,adding a new budget each period so that the budgets always cover the same number of future periods,is called:

A) Participatory budgeting.
B) Capital budgeting.
C) Balanced budgeting.
D) Continuous budgeting.
E) Primary budgeting.

Which allocation base is best used to allocate advertising expense by selling department?

A) Square feet of spaced used
B) Gross sales of each department as a percent of total gross sales
C) An even split among all selling departments
D) Some other method not listed

Grosvenor Corporation's most recent income statement appears below: The gross margin percentage is closest to:

A) 80.9%
B) 44.7%
C) 376.0%
D) 26.6%

Salespeople use geographic information systems to:

A) increase their sales quotas.
B) acquire instant knowledge.
C) create more efficient routing patterns.
D) send text messages to customers and prospects.
E) stay in constant contact with their sales managers.

Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. If the company sells 9,200 units, its net operating income should be closest to:

A) $27,077
B) $49,900
C) $36,700
D) $25,900