Which of the following is affected as a result of an error in performing the physical count of inventory at the end of the accounting period?
A) sales revenue
B) operating expenses
C) net income
D) net cost of purchases
C
Business
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Which one of the following best indicates a firm is utilizing its assets more efficiently than it has in the past
a. a decrease in the total asset turnover b. a decrease in the capital intensity ratio c. an increase in days' sales in receivables d. a decrease in the profit margin e. a decrease in the inventory turnover rate
Business
As defined in the text, job evaluation is
(a) measuring an employee's performance (b) management's evaluation of the effectiveness of the job (c) the extent to which a job description fits the actual tasks of the job (d) the process of deciding the relative importance of one job as compared to another
Business