1 | Page
PEREGRINE EXAM 2026/2027
ACTUAL QUESTIONS WITH
VERIFIED 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
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The Marketing Concept today is about what? - ANSWER-Sales
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
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AFC = TFC divided by Q
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
PEREGRINE EXAM 2026/2027
ACTUAL QUESTIONS WITH
VERIFIED 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
,2 | Page
The Marketing Concept today is about what? - ANSWER-Sales
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
, 3 | Page
AFC = TFC divided by Q
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
