Examlex

Solved

Which of the Following Is NOT a Profitability Ratio

question 51

Multiple Choice

Which of the following is NOT a profitability ratio?

Recognize the legal frameworks governing video monitoring and employee privacy rights.
Identify federal acts that support drug-free workplace initiatives and their impact on small businesses.
Understand the protection against false or misleading public statements about employees.
Recognize the legal requirements for disclosing personnel records by federal agencies.

Definitions:

Machine-Hours

Machine-hours are a measure of the amount of time machines are in operation, used to allocate manufacturing overhead costs in cost accounting.

Departmental Predetermined Rates

are overhead rates calculated for each department based on estimated costs and activity, used to allocate manufacturing overhead more accurately.

Forming Department

A section within a manufacturing facility where raw materials are shaped into components that will be assembled into final products.

Machine-Hours

A metric that gauges the amount of production or activity by tracking the duration machines run during the manufacturing operation.

Related Questions