1. Lenders interpret the financial health of businesses by dividing current assets by current to get the

1. current ratio
2. fast ratio
3. quick ratio
4. asset ratio

2. Revenue management involves

1. assessing conditions and designing pricing to realize maximum revenue.
2. assessing current operational techniques and reducing costs.
3. assessing managerial expertise and designing cost effective programs .
4. assessing all strategic goals and refining them to meet current challenges

3. Internal control comprises the plan of organization and of the coordinate methods and measures adopted within a business to

1. promote team harmony and support
2. safeguard administrative and decision-making roles
3. sale guard businesses assets, both fixed and variable
4. ensure the accuracy and reliability of accounting data.

4. Which is Not a general principle of Internal control

1. Maintain the division of duties.
2. Limit the number of employees with access to assets
3. Keep cash banks and stores to a minimum.
4. Fix responsibility on several people.

5. Which of the following practices performed by cashiers is most likely to deter shortchange artists?

1. Keeping customers money on top of the cash register until change has been given
2. Keeping the cash register open between transactions during busy periods.
3. Having two employees work each cash register-one to take customers money and one to give change
4. Keeping all customers money on top of the cash register until a busy period