Jane rollins an accountant for texas enterprises is

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95. Jane Rollins, an accountant for Texas Enterprises, is particularly concerned about her company's ability to handle its long-term debt. To properly analyze this situation, Jane should keep a close eye on her firm's a. cash ratios. b. sales ratios. c. activity ratios. d. debt ratios. e. profitability ratios. ANS: D DIF: M OBJ: 8 NOT: Application 136
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96. The financial managers of a company closely follow indicators of the company's performance with respect to key activities defined by management. These indicators are called 97. __________ ratios indicate a firm's ability to handle long-term debt. 98. A figure representing a firm’s total assets is listed in its 99. Advanced Medical Supply requires all of its job applicants to submit to a drug detection test before being considered for employment. This type of drug policy is called a. pre-employment testing. b. post-employment testing. c. concurrent-employment testing. d. sporadic testing. e. random testing. ANS: A DIF: M OBJ: 9 NOT: Application 100. The type of drug testing some employees might have to take after exhibiting suspicious or erratic behavior in their place of employment. 101. According to the text, computer monitoring is most concerned with 137
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MATCHING Match each term with the correct statement below. a. setting standards of performance b. measuring actual performance c. comparing actual performance with standards d. providing corrective action and feedback 1. this step involves determining if actual performance compared to standards falls within acceptable limits 2. if the deviation from performance is unacceptable, then corrective action is warranted 3. whenever possible, the standards should be set in a manner that allows them to be compared with actual performance
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