Ratios That Measure How Efficiently a Firm's Management Uses Its

question 12

Multiple Choice

Ratios that measure how efficiently a firm's management uses its assets and equity to generate bottom line net income are known as ________ ratios.

• A)asset management
• B)long-term solvency
• C)short-term solvency
• D)profitability
• E)market value

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Definitions:

Lie Detector Tests

A scientific method attempted to determine if a person is telling the truth or lying by measuring physiological responses to questions, also known as polygraph tests.

Adverse Employment Decisions

These are decisions made by employers that negatively affect an employee's terms, conditions, or privileges of employment, such as demotions, terminations, or reductions in pay.

Workers' Compensation Acts

Laws that provide financial compensation and medical care for workers who are injured or disabled in the course of their employment.

Common Law

A system of law that is based on court judgments and precedents rather than statutory laws.