Examlex
Which of the following ratios is most useful in indicating a company's profitability?
Internal Controls
Procedures and processes implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Documentation
The process of creating, compiling, and maintaining records and detailed information.
Partnership
A lawful business structure involving two or more people who jointly manage and share the earnings.
Financial Accounting Standards Board
An independent organization responsible for establishing and improving financial accounting standards in the United States.
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