RD Exam Practice Questions with 100% Correct Answers

RD Exam Practice Questions with 100% Correct Answers When a product sold at a loss to attract customers, the following strategy is used? A. Loss Leader B. Profit Margin C. Price Leader D. Stockpiling - Answer- A. Loss Leader The intellectual capital equation states: Intellectual Capital = __________ X Commitment. A. Diversity B. Confidence C. Competency D. Communication - Answer- C. Competency The process by which a company markets and sells a product or service to produce income? A. Sales B. Revenue Generator C. Cost Control D. None of the above - Answer- B. Revenue Generator When a team leader clarifies desired work targets and deadlines for a work team, he or she is fulfilling the management function of __________. A. Planning B. Delegating C. Controlling D. Supervising - Answer- A. Planning One of the most important strategies a dietitian may use to evaluate quality patient care is to: A. Determine criteria for consultations B. Monitor treatment for a nutrition problem C. Periodically assess the outcomes of nutrition therapy D. Assign individuals responsibility for monitoring activities - Answer- C. Periodically assess the outcomes of nutrition therapy The method of budgeting that uses the information that uses the information from the previous year's budget and then makes adjustments based on changes in revenue and expenses is called: A. Level budgeting B. Incremental budgeting C. Zero-based budgeting D. Performance budgeting - Answer- B. Incremental budgeting The process of building and maintaining good working relationships with others who may some-day help a manager implement his or her work agendas is called __________________. A. Marketing Mix B. Campaign Development C. Networking D. Media Relations - Answer- C. Networking All of the following are included on a balance sheet EXCEPT: A. Assets such as cash on hand, petty cash, and accounts receivable B. Liabilities such as accounts payable, salaries, and sales tax owed C. Assets such as money due from state or federal funds and purchased food and supplies D. Liabilities such as equipment or furniture - Answer- D. Liabilities such as equipment or furniture Break-even point is the point where revenues equal the total of all expenses including the cost of goods sold. True OR False - Answer- True As a first step to help implement her firm's strategic plans, the CEO of a business firm would want marketing, manufacturing, and finance executives to develop clear and appropriate __________.