The Process of Instituting Ongoing Small,incremental Improvements in All Parts

question 16

Multiple Choice

The process of instituting ongoing small,incremental improvements in all parts of an organization is called _____.

• A)MBO
• B)reengineering
• C)radical innovation
• D)continuous improvement
• E)productivity

Recognize the financial reporting of natural resources and the computation of depletion.

Analyze transactions involving the exchange of assets, including the determination of gains or losses.

Apply various depreciation methods to calculate depreciation expense.

Understand the concept of goodwill in accounting and how it is measured.

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Definitions:

Earnings Per Share

A measurement of a company's profitability, calculated by dividing net income by the number of outstanding shares of its common stock.

Price-Earnings Ratio

A valuation metric for stocks, calculated by dividing the current market price of a share by its earnings per share (EPS).

Dividend Payout Ratio

The ratio of the total dividends declared by a company to its net income, showing what portion of earnings is paid out as dividends.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.