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QUESTION

A company's management is determining how many employees to hire for the customerservice department over

A company's management is determining how many employees to hire for the customer

service department over

the next year.

Which part of the management process is this?

- Operational planning

- Process improvement

- Strategic planning

- Decision making

———

In which step of the capital budgeting process should a firm determine where it intends to

position itself in the future?

- Post-implementation audit

- Project implementation

- Accept or reject decision

- Strategic planning

———

A company is required to budget for a large piece of machinery

Where should this be itemized?

- Budgeted income statement

- Factory overhead cost budget

- Direct materials purchase budget

- Capital expenditures budget

———

What should be considered first in determining a capital budget?

- Units to be manufactured

- Labor cost

- Quantity sales

- Decision-making flexibility

———

Which part of the capital budgeting process involves examination of the impact of the

project on relationships with labor unions?

- Strategic planning

- Corporate goals

- Preliminary screening

- Project evaluation

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