Which of the Following Is a Commonly Used Ratio to Discover

question 41

Multiple Choice

Which of the following is a commonly used ratio to discover inventory-related fraud?

• A) Number of days' in receivable ratio
• B) Sales return percentage ratio
• C) Gross profit ratio
• D) Earnings per share

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Definitions:

Cobalt-Blue Porcelain

Porcelain wares characterized by their vibrant cobalt-blue decorations under a transparent glaze, popular in East Asia and Europe.

David Vases

A pair of Chinese porcelain vases from the Yuan Dynasty, known for their intricate blue and white designs, regarded as important artifacts in the study of Chinese ceramics.

Early Examples

This term generally refers to the first instances or cases of something, often used to illustrate the origins or primitive forms of concepts, objects, practices, or ideas.

Guan Yu

A renowned general serving under the warlord Liu Bei in the late Eastern Han dynasty of China, later deified as a god of war and loyalty.