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Question 1: Jemima's Outfits has a store in Dixie Outlet Mall. It specializes in high-class ladies fashions and sells complete outfits for a uniform price of $75 each. The sales budget for 2007 was to sell 6,000 outfits. If the owners control the activities of the store exclusively through standard cost variances, they are using __________.
a) a balanced scorecard approach
b) a financial control approach
c) motivational management
d) zero-based budgeting
e) none of the above
Question 2: Ms. Greengrass has observed that the number of employment interviews carried out by her department over the last 5 years has been 2,000; 2,040; 2,081; 2,122; and 2,165. Based on the year-on-year increase over the last 5 years, the best estimate of the number of employment interviews to be carried out this year is __________.
a) 2,165
b) 2,208
c) 2,250
d) 2,260
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