Small Groups of Friends Who Share Intimate Knowledge and Activities

question 63

Multiple Choice

Small groups of friends who share intimate knowledge and activities with each other are
Referred to as _____.

• A)Families
• B)Crowds
• C)Groups
• D)Cliques
• ANS : d REF : p.320 OBJ :

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Definitions:

Year-End

The end of an accounting period, either the calendar year or a company's fiscal year, at which time various financial statements are prepared.

Cash Flow Ratios

Financial metrics used to assess how efficiently a company generates cash to pay its debt obligations and fund its operating expenses.

Operations to Sales

A financial ratio used to analyze a company's operational efficiency by comparing its operating income to its net sales.

Operations to Net Income

An analysis or measure that illustrates how operating activities contribute to a company's net income.