When Examining an External Financial Report, a Ratio That Can

question 33

Multiple Choice

When examining an external financial report, a ratio that can be useful in determining the approximate age of the assets is:

• A) accumulated depreciation/average recorded property, plant and equipment at cost.
• B) net sales/average total assets.
• C) average total assets/net sales.
• D) net sales/ average property, plant and equipment.

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Definitions:

Continuous Learning

The ongoing process of acquiring new skills or knowledge throughout an individual's career or life, fostering personal and professional growth.

Active Participation

Engagement and involvement in activities or discussions, contributing positively rather than passively observing.

Organization's Training System

The structured program within an organization designed to enhance the knowledge, skills, and abilities of its employees.

Training Program Model

A structured framework that outlines the process of teaching and developing skills in employees to improve their performance and efficiency in the workplace.