An example of horizontal analysis is
a. common-size statements.
b. trend analysis.
c. ratio analysis.
d. profitability analysis.
B
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If the ratio of repairs and maintenance expense to property, plant, and equipment is higher than expected, which of the following is a plausible explanation?
A. The company purchased an unusual amount of new equipment. B. The company forgot to depreciate all of its equipment. C. An addition to a building was charged to repairs and maintenance expense. D. Routine maintenance on an important piece of machinery was charged to repairs and maintenance expense.
Despite the fact that Rodney’s team has been warned numerous times about the direction their decisions are taking the organization, they remain on their current path, often discounting those warnings. Rodney’s team is guilty of which aspect of groupthink?
A. brainstorming B. an illusion of invulnerability C. using rationalizations D. believing their inherent morality
African countries are culturally more homogeneous than either the United States or Japan, which have many different kinds of family structures
Indicate whether the statement is true or false
All expenses incurred by a business are paid immediately in cash
Indicate whether the statement is true or false