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Which of the Following Types of Performance Ratios Measures the Efficiency

question 57

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Which of the following types of performance ratios measures the efficiency of the organization in terms of how well the resources of the organization have been used to generate profit?


Definitions:

Volume

The volume of space taken up by an object or material.

Volume Increases

A physical change where the amount of space that a substance or object occupies becomes larger.

Temperature

A measure of the thermal energy of a substance, indicative of how hot or cold the substance is.

Kinetic-Molecular Theory

A theory that explains the properties of gases in terms of the motion of very small particles, considering their collisions as perfectly elastic.

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