When the economy is poor, a fall in profits can easily be explained to shareholders when most companies in the industry are also experiencing a decline in earnings; therefore, therefore when the economy is poor there is a tendency within an entity to Omaximize write-offs Ominimize revenues Omaximize profits minimize profits Which of the following refers to measurements, agreed to beforehand, that can be quantified and reflect the success factors of an organization? Acid-test ratio Price-earnings ratio OKey Performance Indicators O Current ratio

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