The Percent of Fixed Assets to Total Assets Is an Example

question 47

Multiple Choice

The percent of fixed assets to total assets is an example of

• A) vertical analysis
• B) solvency analysis
• C) profitability analysis
• D) horizontal analysis

Recognize the value and integration of enterprise resource planning (ERP) systems across various organizational functions.

Identify the function and necessity of subsidiary ledgers and special journals in accounting systems.

Understand the different types of journals (cash payments, cash receipts, purchases) and their respective uses in accounting transactions.

Comprehend the relationship between subsidiary ledgers and control accounts.

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Definitions:

Cognitive Factors

Psychological elements that involve mental processes such as perception, memory, problem-solving, and decision-making that influence how a person understands the world and acts in it.

Attitudinal

Relating to attitudes, often involving the way a person views something or tends to behave towards it, reflecting their thoughts and feelings.

Satisfactoriness

How well an individual’s abilities and skills meet what the job or organization requires

Work Adjustment

The process through which an individual adapts to the demands and responsibilities of their job environment.