Which of the Following Is Not a True Statement

question 54

Multiple Choice

Which of the following is not a true statement?

• A)A high price-earnings ratio means high projected earnings in the future.
• B)The price-earnings ratio for a corporation must be studied over a period of time.
• C)The price-earnings ratio is based on the company's dividends.
• D)The price-earnings ratio for one firm may be compared to the price-earnings ratio for all firms.
• E)A low price-earnings ratio indicates that a stock may be a good investment and a high price-earnings ratios may indicate that it is a poor investment.

---

Definitions:

Performance Objectives

Specific, measurable goals set by an organization or individual to gauge and improve effectiveness and efficiency.

Organisational Level

Organisational level pertains to the hierarchy within a company or institution, relating to how decision-making is structured and how tasks are allocated.

Customer Relationship Management

A strategic approach to managing a company's interactions with current and potential customers, using data analysis to improve business relationships.

Information Technology

The use of computers, software, and telecommunications to store, retrieve, transmit, and manipulate data, often in the context of business or enterprise.