Which of the Following Measures May Be Useful to Decision

question 56

Multiple Choice

Which of the following measures may be useful to decision makers evaluating the financial condition of a college or university?

• A) Number of graduates.
• B) Current ratio.
• C) Faculty productivity.
• D) Graduation rate.

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Definitions:

Policy Makers

Individuals or groups responsible for creating and implementing laws, regulations, or guidelines within an organization or government.

Operating Personnel

Workers directly involved in the operation and functioning of machinery, equipment, or systems within an organization.

Developmental Process

A series of steps or stages that result in growth, progress, or evolution in an individual, organization, or product.

Efficiency

The ability to achieve a goal or desired outcome with the least waste of time, effort, or resources.