Which Describes Normal Changes

question 56

Multiple Choice

Which describes normal changes?

• A) Changes that are low-risk and pre-authorized
• B) Changes that need to be scheduled and assessed following a process
• C) Changes that are typically initiated as service requests
• D) Changes that must be implemented as soon as possible

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects debts from its customers.

Acid-Test Ratio

A stringent indicator that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.

Gross Margin Percentage

A financial metric that measures the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage; it shows the proportion of money available to cover other expenses and profit.