COGNITIVE ASSESSMENT Which of the Following Term Refers to the Practice

question 62

Multiple Choice

COGNITIVE ASSESSMENT Which of the following term refers to the practice of companies choosing to send computer jobs overseas?

• A) outsourcing
• B) distancing
• C) outhousing
• D) telecommuting

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Definitions:

Acid-test Ratio

A stringent indicator of a company's liquidity, calculating its ability to cover short-term obligations with its most liquid assets, excluding inventory.

Inventory Turnover

A measure of how often a company's inventory is sold and replaced over a certain period of time, indicating efficiency in inventory management.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

Generate Sales

The process of creating revenue through the marketing and selling of goods or services.