Match Each Term with Its Definition

question 3

Multiple Choice

Match each term with its definition.
-Total Expenses ÷ Total Number of Procedures for One Month

• A)accounting formula
• B)accounts receivable ratio formula
• C)gross collection ratio formula
• D)net collection ratio formula
• E)cost ratio formula
• F)assets
• G)write-offs
• H)liabilities
• I)accounts receivable
• J)income statement

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Definitions:

Interpersonal Skills

Abilities used by a person to interact positively and work effectively with others, including communication, listening, empathy, and conflict resolution skills.

Organizational Effectiveness

Measures how efficiently and effectively an organization meets its goals and objectives, often assessed through performance, productivity, and the achievement of strategic targets.

Efficiency

The degree to which something is done well or produces desired results without wasted energy or material.

Organization's Purpose

The fundamental reason for an organization's existence, often reflecting its goals, values, and the needs it seeks to fulfill in the market or community.