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PEREGRINE EXAM 2026|COMPLETE QUESTIONS AND CORRECT ANSWERS

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PEREGRINE EXAM 2026|COMPLETE QUESTIONS AND CORRECT ANSWERS

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PEREGRINE EXAM 2026|COMPLETE
QUESTIONS AND CORRECT ANSWERS



Which of the following is NOT a strategic alternative to laying off employees? -

correct-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? - correct-answer - 194,640

173,310

,2|Page


167,125

181,292



173,310




The Marketing Concept today is about what? - correct-answer - Sales

Relationships

Aggressive advertising

Price



Sales




Which of these is not a cash flow activity category in the Statement of cash flows?

- correct-answer - operating.

investing.

financing.

depreciating.

, 3|Page




Depreciating




Which one of the following statements is false? - correct-answer - TC = TFC + TVC

ATC = AFC + AVC

AFC = TFC divided by Q

MC = TC divided by Q



AFC = TFC divided by Q




The ratio that explains how efficiently companies use their assets to generate

revenue. - correct-answer - Receivables turnover ratio

Asset turnover ratio

Income ratio

Quick ratio



Asset Turnover Ratio

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