Which of the Following Is Not a Major Category of Financial

question 27

Multiple Choice

Which of the following is not a major category of financial ratios?

• A) equity
• B) leverage
• C) activity
• D) profitability

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Definitions:

Other Expenses

Financial outlays that do not fit into standard cost categories, often including unusual or infrequent costs.

Spending Variance

The difference between the actual amount spent in a budget category and the amount that was originally budgeted, indicating over or under-spending.

Customers Served

Refers to the total number of customers who have been provided with a service or product within a specific time frame.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular period or item.