A Sign(s)of Increasing Earnings Quality Is(are)

question 55

Multiple Choice

A sign(s) of increasing earnings quality is(are) :

• A)improving gross margin to sales ratio.
• B)declining operating expenses to sales ratio.
• C)improving operating income to sales ratio.
• D)all of the above.

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Definitions:

Batches

Groups of items or materials processed or produced together in a manufacturing or production process.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of the resources.

Supporting Assembly

A group of components or parts assembled to support the functioning of a main product or system.

Processing Orders

Entails the activities involved in handling and fulfilling customer orders, from placement to delivery.