Which of the Following Statements Is Correct

question 18

Multiple Choice

Which of the following statements is correct?

• A) An expense to sales ratio of 10% in year 1 and 15% in year 2 indicates that management policies to control expenses have been successful.
• B) In general, the faster the turnover of inventory the lower the profitability of the business.
• C) A gross profit ratio that is increasing over time indicates an increase in the margin between the purchase price and the selling price of goods.
• D) The formula for the inventory turnover ratio is sales divided by average inventory.

Understand the importance of cultural competency in helping professions.

Identify the ethical principles guiding the helping professions, including nonmaleficence and confidentiality.

Recognize the factors influencing privileged status and power dynamics in society.

Discern between appropriate and inappropriate use of power and multiple role relationships in the helping context.

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Definitions:

Helper File

An external file used within a software application or programming project that provides additional functionality or data.

XML

Extensible Markup Language, a flexible way to create common information formats and share both the format and the data on the World Wide Web, intranets, and elsewhere.

Chart Wizard

A tool within some software applications that guides users through the process of creating charts by using their data.

Chart Type

Refers to the various styles of graphical representations available for data, including bar, line, pie, scatter, and others.