Which of the Following Ratios Will Increase in a Liability

question 61

Multiple Choice

Which of the following ratios will increase in a liability fraud?

• A) Accounts payable ÷ purchases
• B) Interest expense ÷ notes payable
• C) Total liabilities ÷ total assets
• D) Lease expense ÷ total fixed assets

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Definitions:

Ethical Responsibilities

The moral obligations or duties that individuals or organizations have towards others, including honesty, integrity, and fairness.

Trademark Symbol

A symbol (™ for an unregistered trademark, ® for a registered trademark) used to indicate that a word, phrase, or logo is being claimed as an exclusive property by an individual or a corporation.

Honesty and Candor

The quality of being open, truthful, and straightforward in communication and actions.

Manuel Velasquez

Manuel Velasquez is an individual's name and without further context, it isn't possible to provide a relevant definition.