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Which of the Following Is Not a Category for Performance

question 115

Multiple Choice

Which of the following is not a category for performance measures used for a balanced scorecard?

Analyze and interpret the ratios of liabilities to stockholders' equity and their meaning for a company's financial health.
Distinguish between business and non-business transactions and their recording.
Grasp the flow of cash into and out of the company and its representation in financial statements.
Understand the principles of accounting and the equation.

Definitions:

Current Operating Liabilities

Short-term liabilities that are incurred as part of the normal operations of a business, due within a fiscal year.

Decreases

A reduction in quantity, size, or overall value of an asset, revenue, or other financial metric.

Decreases in Current Assets

The reduction in the value or amount of the assets that a company expects to convert into cash within one year.

Decreases in Current Assets

Reductions in the assets that a company expects to convert into cash, sell, or consume within one year or the operating cycle, whichever is longer.

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