Examlex

Solved

If an Organization Had a Selection Ratio of 2:50, It

question 57

Multiple Choice

If an organization had a selection ratio of 2:50, it would mean:


Definitions:

Profitability

A measure of the efficiency and effectiveness with which a company or business generates profit from its operations.

Non-Interest-Bearing Note

A promissory note that does not accrue interest over time, meaning the borrower only repays the principal amount.

Note Payable

A written promise to pay a specified amount of money, usually with interest, at a future date, classified as a liability on the balance sheet.

Cash

Money in the form of currency that can include bank notes and coins, available for transactions and investments.

Related Questions