Podcast
Questions and Answers
True or false: Efficiency is the objective of using the resources of the organization to generate a financial return or service delivery?
True or false: Efficiency is the objective of using the resources of the organization to generate a financial return or service delivery?
True
True or false: Liquidity refers to the ability of an organization to meet its short term financial objectives?
True or false: Liquidity refers to the ability of an organization to meet its short term financial objectives?
True
True or false: Prosperity is the ability of an organization to grow or reinvest to stay competitive?
True or false: Prosperity is the ability of an organization to grow or reinvest to stay competitive?
True
True or false: If an organization runs out of money and cannot borrow, it will cease to exist?
True or false: If an organization runs out of money and cannot borrow, it will cease to exist?
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True or false: The higher the profit, the less efficient an organization is?
True or false: The higher the profit, the less efficient an organization is?
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