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PEREGRINE EXAM, PEREGRINE EXIT EXAM AND PEREGRINE
PRACTICE EXAM LATEST 2026 ACTUAL EXAM COMPILATION
250 QUESTIONS AND CORRECT DETAILED ANSWERS
Which of the following is NOT a strategic alternative to laying off
employees? ......ANSWER......implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct
tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar
cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475
each, what is his break-even quantity? ......ANSWER......194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? ......ANSWER......Sales
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Relationships
Aggressive advertising
Price
Sales
Which of these is not a cash flow activity category in the Statement of
cash flows? ......ANSWER......operating.
investing.
financing.
depreciating.
Depreciating
Which one of the following statements is false? ......ANSWER......TC =
TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q
MC = TC divided by Q
AFC = TFC divided by Q
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The ratio that explains how efficiently companies use their assets to
generate revenue. ......ANSWER......Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
The sum of the squares total (SST) ......ANSWER......measures the total
variability in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of
efficiency. Microsoft, for example, offers the same software programs
around the world but adjusts the programs to match local languages.
......ANSWER......Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
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Global
Another Time Around helps young inner city kids develop products they
can make and sell to earn money for college. What concept best
describes this? ......ANSWER......The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
None of the above.
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following
functions is LEAST likely to be an aspect of Lauren's job?
......ANSWER......Employee and labor relations
Staffing
Employee staffing
Product testing
Product Testing
PEREGRINE EXAM, PEREGRINE EXIT EXAM AND PEREGRINE
PRACTICE EXAM LATEST 2026 ACTUAL EXAM COMPILATION
250 QUESTIONS AND CORRECT DETAILED ANSWERS
Which of the following is NOT a strategic alternative to laying off
employees? ......ANSWER......implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct
tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar
cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475
each, what is his break-even quantity? ......ANSWER......194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? ......ANSWER......Sales
,2|Page
Relationships
Aggressive advertising
Price
Sales
Which of these is not a cash flow activity category in the Statement of
cash flows? ......ANSWER......operating.
investing.
financing.
depreciating.
Depreciating
Which one of the following statements is false? ......ANSWER......TC =
TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q
MC = TC divided by Q
AFC = TFC divided by Q
,3|Page
The ratio that explains how efficiently companies use their assets to
generate revenue. ......ANSWER......Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
The sum of the squares total (SST) ......ANSWER......measures the total
variability in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of
efficiency. Microsoft, for example, offers the same software programs
around the world but adjusts the programs to match local languages.
......ANSWER......Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
, 4|Page
Global
Another Time Around helps young inner city kids develop products they
can make and sell to earn money for college. What concept best
describes this? ......ANSWER......The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
None of the above.
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following
functions is LEAST likely to be an aspect of Lauren's job?
......ANSWER......Employee and labor relations
Staffing
Employee staffing
Product testing
Product Testing
