The Duties of Professionals May Be Categorized as

question 45

Multiple Choice

The duties of professionals may be categorized as

• A)fiduciary,duty in tort,and duty to employees.
• B)contractual,duty to employees,and duty in tort.
• C)duty in tort,business duty,and contractual duty.
• D)general duty,contractual duty,and duty in tort.
• E)contractual,fiduciary and duty in tort.

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Definitions:

Times Interest Earned Ratio

A financial metric comparing a company's earnings before interest and taxes (EBIT) to its interest expenses, evaluating the company's ability to meet its interest obligations.

Income Before Income Taxes

The profit a company has generated before accounting for income tax expenses, often found on the income statement.

Times Interest Earned Ratio

A financial metric that measures a company's ability to cover its interest obligations with its earnings before interest and taxes (EBIT).

Potential Drop

An anticipated decrease in value or performance, often used in the context of stocks or electrical voltage.