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NEW QUESTION: 1
Which of the following devices helps in connecting a PC to an ISP via a PSTN?
A. PCI card
B. Repeater
C. Adapter
D. Modem
Answer: D

NEW QUESTION: 2
Which of the following leadership theories believes that leadership styles should correspond to the maturity of the employees?
A. Contingency theories
B. Situational theories
C. Trait theories
D. Behavioral theories
Answer: B

NEW QUESTION: 3
Limitations of the information provided by total asset turnover include:
A. A good measure for trend analysis of a particular company, but variable ways of calculating cost of
goods sold limit its usefulness for comparative analysis.
B. Because of differing costs of capital, the measure cannot be effectively used for comparative analysis.
C. The calculation can be affected by varying accounting assumptions, which affect the calculation of net
income.
D. When making the calculation, total assets may need to be refined by the elimination of assets that do
not relate to sales as the inclusion of these items could distort the measure.
Answer: D
Explanation:
Choice "d" is correct. When calculating the turnover, total assets may need to be refined by the
elimination of assets that do not relate to sales as the inclusion of these items could distort the measure.
Choice "a" is incorrect. This option pertains to gross profit margin.
Choice "b" is incorrect. This option pertains to return on the investment in assets.
Choice "c" is incorrect. This option pertains to residual income.