Multiple Choice acounting help 10 points!?

Question

Which of the following is not a characteristic typically evaluated in ratio analysis?
   a. Liquidity
   b. Profitability
   c. Solvency
   d. Marketability

Which of the following are considered the basic functions of management?
   a. Supervising and directing
   b. Decision-making and supervising
   c. Organizing and directing
   d. Planning and controlling

Which of the following statements is false regarding direct materials for an automobile manufacturer?
   a. Steel would likely be classified as a direct material.
   b. Upholstery fabric would typically be considered a direct material.
   c. Oil used to lubricate factory machines would not be classified as a direct material.
   d. Small plastic clips used to hold door panels in place, since they become part of the automobile, must be accounted for as direct materials.

Anonymous · Accepted Answer

1. Which one of the following is not a characteristic generally evaluated in ratio analysis?

d. marketability

2. Which of the following are the basic functions of management?

d. Planning and controlling

3. Which of the following is false in regards to direct materials for an auto manufacturer?

d. Small plastic clips to hold on door panels, because they become part of the auto, must be accounted for as direct materials.

Anonymous

Multiple Choice acounting help 10 points!?

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