To Determine the Financial Condition of an Existing Business,it Is

question 7

Multiple Choice

To determine the financial condition of an existing business,it is necessary to compare ____ with ____ to identify where costs can be reduced or more money is needed.

• A) Operating ratios; fiscal averages
• B) Operating ratios; industry averages
• C) Expense ratios; fiscal averages
• D) Expense ratios; industry averages

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Definitions:

Sensory Experiences

Interactions with the environment that involve the stimulation of the senses, contributing to perception and learning.

Inherited Traits

Characteristics or features that are passed from parents to their offspring through genes.

Observable Behavior

Actions or reactions of an individual, in response to external or internal stimuli, that are visible and measurable.

Sigmund Freud

An innovator in neurology from Austria, he introduced psychoanalysis as a method to heal psychopathologies through verbal exchanges between a patient and a psychoanalyst.