Examlex
Which of the following are generated by theories?
Return On Investment Ratio
A financial metric used to evaluate the efficiency of an investment, calculated by dividing the net profit by the original capital cost of the investment.
Judgmental Factors
Elements that require personal assessment and decision-making in the valuation of assets, determination of liabilities, or other financial reporting activities.
Static Budget
A budget that remains unchanged over the period it covers, regardless of changes in sales volume, production levels, or other external factors, often used for fixed expenses.
Control Costs
The practice of managing and regulating expenses to ensure they do not exceed budgets.
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