The Ratios That Assess Management Performance Are

question 30

Multiple Choice

The ratios that assess management performance are

• A) liquidity and coverage ratios.
• B) liquidity and profitability ratios.
• C) profitability and activity ratios.
• D) activity and coverage ratios.

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Definitions:

Formal Means

Formal means involve structured, official, and typically documented methods or procedures used to accomplish tasks or maintain order in organizations.

Pay

Compensation or wages received by an employee in exchange for their labor or services provided to an employer.

Promotions

The process of elevating an employee to a higher position or rank within an organization, often accompanied by increased responsibilities and pay.

Negative Stimulus

Any factor or event that is perceived as unfavorable or unpleasant, which can lead to a response aimed at avoiding or diminishing it.