Which of the Following Statements About a Ratio Is NOT

question 3

Multiple Choice

Which of the following statements about a ratio is NOT true?

• A) A ratio has little meaning on its own.
• B) A ratio is always expressed as a percentage.
• C) A ratio can be interpreted and used meaningfully only with a good understanding of the company.
• D) Ratios are indicators that can be interpreted.

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Definitions:

Income

Money received, especially on a regular basis, for work or through investments.

Individual Behaviours

Actions or reactions of an individual, guided by personal reasons, motivations, or psychological processes.

Education

is the process of facilitating learning, or the acquisition of knowledge, skills, values, and habits through various forms of teaching, training, or research.

Gross Domestic Product

The total market value of all final goods and services produced within a country in a given period, used as an indicator of economic health.