20 The effective utilization of Assets is: a. The Board of Director's responsibility b. Shareholders's Responsibility C. HR's responsibility d. Management's responsibility ANSWER 21. Choose the best answer as it relates to financial statement ratios. a) A low ratio means positive. b) A low ratios means negative. c) A high ratio means negative. d) A high or low ratio could mean positive or negative ANSWER I 22. The objective of financial management is to ensure that the return on assets is lower than the cost of borrowed funds. True False ANSWER...False 23. Investing decisions deal with the acquisition of current assets. True False