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Which of the Following Is an Objective of Ethics Training

question 2

Multiple Choice

Which of the following is an objective of ethics training? 

Evaluate the equity multiplier to understand the level of financial leverage.
Determine the average collection period to assess the effectiveness of credit policies.
Interpret inventory turnover to assess inventory management efficiency.
Calculate return on equity to evaluate financial performance.

Definitions:

Unauthorized Drawer's Signature

A signature on a financial or legal document that was made without the consent or authorization of the person purported to have signed.

Recover

To obtain a return of something or to gain restitution through legal processes, such as obtaining damages after a court judgment.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Instruments

Legal documents or formal written agreements that establish a right, obligation, or conveyance, such as contracts, wills, promissory notes, or securities.

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