Which of the Following Types of Performance Ratios Measures the Efficiency

question 57

Multiple Choice

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?

• A) Activity ratios
• B) Leverage ratios
• C) Profit ratios
• D) Liquidity ratios
• E) Inventory turnover ratios

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Definitions:

Neoplasm

An abnormal growth of tissue, which can be benign or malignant, resulting from uncontrolled cell division.

Oncogene

A gene that has the potential to cause cancer by transforming a normal cell into a tumor cell when mutated or expressed at high levels.

Telomeres

Protective caps at the ends of chromosomes that prevent the loss of genetic information during cell division and play a role in aging and cancer.

Formal Preparation

The process of systematically getting ready for an event, meeting, or activity, following established protocols or standards to ensure readiness.