Based Only on the Following Data, Which Answer Is Correct

question 56

Multiple Choice

Based only on the following data, which answer is correct? Purchased 12 delivery trucks for a total of $360,000 Estimated the payback from an ISO 9000 QMS project at $1,200,000 Net income for the year is $3,600,000 Spent $400,000 on implementing the ISO 9001-based QMS

• A) ROI is $3: 1 RONA is $10: 1
• B) ROI is 33% RONA is $9: 1
• C) ROI is 30% RONA is $10: 1
• D) ROI is $3: 1 RONA is $9: 1

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Definitions:

Partnership Act

Legislation that sets out the rights and obligations of partners in a partnership business structure.

Rights

Entitlements or permissions, either legal, social, or moral, that individuals have in a society.

Obligations

Duties or commitments that an individual or entity is legally or morally bound to perform.

Unanimously Vote

When all members of a decision-making body agree and vote in the same way on a particular issue.