If the Work of a Secretary Is Judged by the Number

question 48

Multiple Choice

If the work of a secretary is judged by the number of words per minute and errors per page,the measure is:

• A) very reliable.
• B) a fair and valid performance measure.
• C) well accepted by employees and supervisors.
• D) likely deficient.

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Definitions:

Times Interest Earned Ratio

The times interest earned ratio is a financial metric that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes (EBIT).

Default in Payment

Occurs when a borrower fails to make a loan payment on time as agreed upon in the loan agreement.

Gross Profit Rate

The percentage difference between a company's net sales and the cost of goods sold, indicating the efficiency of sales generation.

Sales Dollar

Refers to the total revenue generated from sales of goods or services, measured in dollars.