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.