The current ratio is calculated as ________
a. quick assets / current liabilities
b. current liabilities / current assets
c. current assets / current liabilities
d. current assets ? current liabilities
c
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Which of the following can be defined as a business philosophy that values two-way communication between a company and individual customers?
A) ECR B) CRM C) EDI D) EPOS E) BOLD
There are three different valuation methods: actual, normal, and standard and they can be used with either job order costing or with process costing
Indicate whether the statement is true or false
Which of the following statements accurately describes the basis of activity-based costing?
A) Activities simply sustain a facility's general manufacturing process. B) Activities refer to batch-level costs incurred to support the production of each different type of product. C) Activities consume facility-level costs. D) Activities consume resources and products consume activities.
Accounts payable, wages payable, and notes payable are all:
a. assets b. liabilities c. owners equity d. ledgers e. journals