Net profit after taxes per dollar of equity capital is a basic measure of bank profitability called

A) return on assets.
B) return after taxes.
C) return on equity.
D) equity multiplier.

C

Business

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A major purpose of the auditor's report on financial statements is to

a. Assure investors of the complete accuracy of the financial statements b. Clarify for the public the nature of the auditor's responsibility and performance c. Deter creditors from extending loans in high-risk situations d. Describe the specific auditing procedures undertaken to gather evidence for the opinion

Business

Which of the following is the least effective and efficient management of IM?

A) Sending an email message instead of immediately answering an IM B) Being available to IM at all times while at work C) Not sending confidential information over an IM D) Not using IM to send personal messages while at work E) Not using IM for important but impromptu meetings if everyone is not available

Business