Match the Order of the Five Steps Involved in Creating

question 45

Multiple Choice

Match the order of the five steps involved in creating the department production report with the descriptions below.
-Valuation of inventories

• A)Step 1 in preparing a Production Report
• B)Step 2 in preparing a Production Report
• C)Step 3 in preparing a Production Report
• D)Step 4 in preparing a Production Report
• E)Step 5 in preparing a Production Report

---

Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

External Financing Needed

The additional funds a company requires from external sources to finance its planned activities or growth when internal cash flows are insufficient.

Profit Margin

A measure of profitability calculated as net income divided by revenues, expressed as a percentage.

Capital Intensity Ratio

A metric that measures the amount of assets required to generate one dollar of revenue; the higher the ratio, the more capital-intensive the business.