Which of the Following Statements Is Incorrect

question 59

Multiple Choice

Which of the following statements is incorrect?

• A) Turnover is calculated by dividing sales by average operating assets.
• B) Margin is a measure of the profits generated from sales.
• C) Return on investment can be improved by increasing sales, decreasing expenses, or increasing the asset base.
• D) If return on investment increases when sales increase, that change usually is due at least in part to the effect of fixed costs (operating leverage).

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Definitions:

Unconscious Efforts

Actions or endeavors carried out without deliberate thought or awareness, often driven by instinct or deep-seated habits.

Anxiety

An emotional health issue characterized by severe anxiety, worry, or fear, impacting one's ability to carry out everyday tasks.

Work Schedule

A specific plan that outlines the days and hours an individual is expected to work, including start and end times, breaks, and any flexibilities offered.

Supervisor

An individual in charge of overseeing the work of others, often responsible for providing leadership, guidance, and ensuring the quality of work.