Question : MULTIPLE CHOICE. Choose the one alternative that best completes the statement : 1196223

MULTIPLE CHOICE.

Choose the one alternative that best completes the statement or answers the question. 23) CVP analysis is useful for all of the following reasons EXCEPT 23) ______ A) for long-range planning. B) for strategic planning. C) to illustrate decision outcomes. D) helping managers to answer “what-if” questions. E) eliminating uncertainty about external factors, such as interest rates.

24) A revenue driver is defined as 24) ______ A) any factor which does not affect costs associated with a revenue. B) any factor that changes when revenue changes. C) any factor which could cause a change in revenue. D) any factor which could cause a change in the costs of a related revenue object. E) any factor that affects costs and revenues.

25) Cost-volume profit is used to analyze 25) ______ A) the behaviour of some costs and revenues as changes occur in the output level. B) the behaviour of total costs, total revenues, and operating income as changes occur in the output level. C) multiple revenue drivers and a single cost driver in special case CVP. D) the behaviour of variable costs at all levels of output. E) a single revenue driver and multiple cost drivers in special case CVP.

26) Operating costs do not include 26) ______ A) income taxes. B) interest cost nor income taxes C) indirect costs. D) any cost that is not variable. E) interest cost.

27) Which of the following statements about net income (NI) is TRUE? 27) ______ A) NI = operating income + non-operating revenues less non-operating costs. B) NI = operating income – income taxes. C) NI = operating income + operating costs. D) NI = operating income less Cost of Goods Sold. E) NI = operating revenue less Cost of Goods Sold.

28) Which of the following is NOT an assumption of CVP analysis? 28) ______ A) The time value of money is not relevant. B) Costs may be separated into separate fixed and variable components. C) The unit selling price, unit variable costs, and fixed costs are known. D) Total revenues and total costs are linear in relation to output units. E) There will be a change between beginning and ending levels of inventory.

29) The breakeven point in CVP analysis is defined as the point: 29) ______ A) where the unit contribution margin equals the selling price less the unit variable cost. B) where total revenue equals fixed costs. C) where revenues less variable costs equal operating income. D) where output units equal input units. E) where total revenue equals total costs.

Use the information below to answer the following question(s).

Brian O’Neil intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for $400 each. The airline intends to reimburse Brian for any unsold ticket packages. The round-trip tickets will be sold for $500 each.

30) How many units will he need to sell in order to break even assuming Brian incurred $10,000 in expenses to advertise the sale, and there are no other expenses? 30) ______ A) 20 packages B) 100 packages C) 75 packages D) 125 packages E) 25 packages

31) What would his breakeven point be assuming Brian incurred $31,200 in fixed expenses? 31) ______ A) 125 packages B) 100 packages C) 110 packages D) 232 packages E) 312 packages

32) Which of the following statements about using the equation method to determine the breakeven point is TRUE?

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July 1, 2023

Write a sample cover letter that highlights why you would be ideal for a marketing position at a Company of your pick in Florida . In the cover letter, you need to mention the position and discuss the tasks that would be required of you in that position. You can address the cover letter to either a real or fabricated person/organization. Do not address it to “To Whom It May Concern” or “Dear Sir/Madam” or anything else-generic.

Cover Letter Content: • Includes your contact information, date, salutation/greeting (with hiring manager’s full name, title, company, address), body, closing, signature - i.e., major components of a cover letter. • Components are organized logically and overall the letter is attractive. • Letter is concise. • Audience is clear; addressed to real or fabricated person/organization. • Identifies specific position and why you would be ideal for it. Discusses tasks required for that position and knowledge of potential employer. • Discusses your relevant skills, experience, etc. that will make you ideal for the position. • Includes request for interview or meeting with specific manner of follow-up/reverse call to action, note of appreciation, and mentions resume in closing.

BELLOW IS A PART OF MY RESUME TO HELP WRITE THE COVER LETTER.

Summary

Motivated sales driven rental manager focused on attaining a motivated and competitive work environment along with dynamic operating conditions. Customer service oriented and methodical with strengths in accounts maintenance.

Skills

· Key accounts and territory management

· Capital improvement planning

· Systems and automation applications

· Brand management

Experience

Enterprise Holdings | Miami, FL

Assistant Branch Rental Manager

11/2019 – 11/2020

· Remained calm and professional in stressful circumstances and when dealing with unhappy customers, effectively diffusing situations.

· Met with each associate to establish realistic monthly sales goals.

· Strengthened product branding initiatives and coordinated effective marketing campaigns.

· Reviewed employee performance every week and delivered constructive feedback to improve weaknesses.

· Upheld internal standards and productivity goals to meet sales and growth targets.

· Identified growth areas requiring immediate improvement and rolled out marketing program, boosting branch's fleet 16%.

· Executed non-negotiable strategies to foster better customer service and promote positive and engaging environment for all.

· Drove profit increases by leveraging market knowledge and natural leadership talents.

Enterprise Holdings | Miami, FL

Management Trainee

05/2019 - 11/2019

· Ranked 1st place on the sales performance ranking for 4 consecutive months with a total additional revenue of $160,000.

· Achieved a 4-month Customer Service score of 87%, 3 points above corporate average.

· Ran daily sales reports to assess performance and make proactive adjustments.

Equinox | Miami, FL

Sales Associate

10/2017 - 06/2018

· Arranged special accommodations for guests to maintain optimal satisfaction

· Managed all front desk operations for busy high-volume Health Club.

· Confirmed transactional data by verifying name and payment information and clearly communicating costs and fees to patrons.

· Participated Management Assistance, handling member's accounts and payments.

· Supported Membership Advising participating in more than 100 memberships sold.