______ ratios can help an organization to detect if it has obsolete or excessive inventory on hand.
A. Return
B. Liquidity
C. Debt management
D. Asset management
E. Activity
D. Asset management
Asset management ratios indicate how effectively an organization is managing its assets, such as whether it has obsolete or excess inventory on hand.
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Which of the following may be done as corrective action in the control process?
A. establish standards B. renew standards C. compare performance to standards D. align processes with goals E. evaluate performance and take action
No dividend can be paid unless the dividend is declared by the chief executive officer of the corporation
Indicate whether the statement is true or false
Some companies allocate their overhead cost using a plantwide overhead rate largely because of its simplicity.
Answer the following statement true (T) or false (F)
Which of the following are most likely to provide currency forward contracts to their customers?
a. commercial banks b. international mutual funds c. brokerage firms d. insurance companies