Examlex
Which element of internal control observes employees' behavior and the accounting system for indicators of control problems?
Debt Ratio
A financial ratio that measures the extent of a company's leverage, calculated by dividing total liabilities by total assets.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its income before interest and taxes.
Current Ratio
A financial metric that compares a company's current assets to its current liabilities, indicating the liquidity and short-term financial health of the business.
Progressive Discipline System
A structured approach to dealing with employee behavioral issues that progressively increases in severity.
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