Examlex
Which of the following types of controls helps monitor the quality of goods or services provided during the production process?
Liabilities
Measurable obligations resulting from a past transaction; they are expected to be settled in the future by transferring assets or providing services.
Return On Assets
A profitability ratio that indicates how efficiently a company uses its assets to produce profit, calculated by dividing net income by total assets.
Net Profit Margin
A financial performance metric that shows the percentage of sales that has turned into profits, calculated by dividing net profit by revenue.
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