Question 26 Not yet answered What facilitates a correct assessment of the current performance in preparation of effective reports? Marked out of 1.00 Flag question Promptness Comparison Simplicity Controllability Question 27 Not yet answered The ratios which indicate the effectiveness at generating profit are: . Marked out of 1.00 Liquidity ratios Profitability Ratios Investor ratios Leverage ratios F Flag question Question 28 Not yet Which of the following statements is true? answered 1. A business will normally prefer a shorter average settlement period to a longer one Marked out of 1.00 ii. A business will normally prefer a short inventories turnover period to a long one, Flag question Question 28 Not yet answered Which of the following statements is true? i. longer one Marked out of 1.00 ii. A business will normally prefer a sh Both the Statements are true A business will normally prefer a sh Both the Statements are false i only ii only long one F Flag question Question 29 Not yet Ordering raw materials, Delivering goods, setting up of a machine are examples of: answered Marked out of 1.00 Flag question Activity Cost pools Overheads Driver