Which of the following ratios is relatively more helpful in highlighting revenue-related frauds?
a. Working capital turnover ratio
b. Earnings per share
c. Asset turnover ratio
d. Accounts receivable turnover
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.
You might also like to view...
What are the two ways in which a company can extend its product line?
What will be an ideal response?
A petty cash fund is an example of an imprest system
Indicate whether the statement is true or false
An important insight of international trade theory is that when countries exchange goods and services one with the other it
A. is typically beneficial only to the low wage trade partner country. B. is typically harmful to the technology lagging country. C. is always beneficial to both countries. D. is usually beneficial to both countries. E. tends to create unemployment in both countries.
When a business records the earning of service revenue, the Service Revenue account is credited
Indicate whether the statement is true or false