Which of the Following Statements Is Correct

question 10

Multiple Choice

Which of the following statements is correct?

• A)All other things being equal, the more efficiently a company utilizes its assets, the greater will be its return on investment.
• B)All other things being equal, if return on equity increases, the return on assets must have also increased.
• C)All other things being equal, if the number of days inventory held increases, the return on assets will increase.
• D)All other things being equal, if the gross margin decreases, the inventory turnover must have increased.

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Definitions:

Wastage Of Time

Refers to the ineffective or inefficient use of time that does not contribute to productivity or meeting goals.

Self-Disclose

The act of revealing personal information about oneself to others, which can help in building trust and intimacy.

Self-Acceptance

The recognition and acceptance of oneself as is, including one's faults and strengths, leading to a positive self-image.

Assertiveness

The quality of being self-assured and confident without being aggressive.