If a Manager Wanted to Spot Check Inventory Over an Extended

question 62

Multiple Choice

If a manager wanted to spot check inventory over an extended period of time and then make plans for needed changes,he/she would use ____________ ratios.

• A)profitability
• B)debt
• C)activity
• D)current

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Definitions:

Breach

The violation or infringement of a law, duty, agreement, or trust.

Authority

denotes the power or right to give orders, make decisions, and enforce obedience.

Independent Contractor

An individual or business that provides goods or services to another entity under terms specified in a contract or within a verbal agreement, not classified as an employee.

Employee

An individual who is hired by an employer to perform a specific job or duty in exchange for compensation.