ACC 556 Experience Tradition/ tutorialrank.com ACC 556 Experience Tradition/ tutorialrank.com | Page 44

ACC 556 Chapter 21 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com
3 . Accounts receivable turnover ratio 4 . Earnings per share 5 . Payout ratio 6 . Current cash debt coverage 7 . Current ratio 8 . Debt to assets ratio 9 . Free cash flow 10 . Inventory turnover =========================================

ACC 556 Chapter 21 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com

Chapter 21 Quiz
Question 1
A benefit of budgeting is that it provides definite objectives for evaluating performance .
Question 2
Effective budgeting requires clearly defined lines of authority and responsibility .