Financial Ratios Are Used to Compare a Firm's Performance Over

question 77

Multiple Choice

Financial ratios are used to compare a firm's performance over different time periods,compare the firm's performance to industry averages,and compare a firm's performance with

• A) overall business standards.
• B) the performance of international firms.
• C) the performance of suppliers.
• D) non-financial ratios.
• E) the performance of competitors.

---

Definitions:

International Labour Organization

A United Nations agency founded in 1919 that sets international labor standards and promotes rights at work, encouraging decent employment opportunities and enhancing social protection.

Workers Worldwide

Refers to the global workforce, encompassing individuals in various countries engaged in different forms of employment, highlighting the diversity and similarity of labor issues worldwide.

Earned Less

A phrase referring to receiving lower income or wages in comparison to others or to a previous period of time.

Acculturation

The process of adopting the cultural traits or social patterns of another group, often following contact between different cultures.