The inventory turnover ratio measures the number of times the average inventory turns over or was sold during the period

Indicate whether the statement is true or false


True

Business

You might also like to view...

________ refers to the sales step in which a salesperson asks the customer for an order

A) Prospecting B) Demonstration C) Approach D) Closing E) Handling objections

Business

In arbitration an employee will be found guilty only if the employer can demonstrate ___________________ proof of guilt.

Fill in the blank(s) with the appropriate word(s).

Business

A study conducted in a manufacturing setting examined the effects of initiating structure and consideration on follower stress levels. It found that:

a. initiating structure reduced follower stress by reducing role ambiguity and conflict, providing useful rules, and so forth b. surprisingly, consideration had no beneficial effects on stress levels c. initiating structure on average increased follower stress levels d. both “a” and “b”

Business

A company's accountant capitalized a payment that should have been recorded as a revenue expenditure. How will this error affect the company's financial statements?

A) Net income will be understated. B) Expenses will be overstated. C) Assets will be overstated. D) Liabilities will be overstated.

Business