1|Page
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
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
