Horizontal analysis is the comparison of each financial statement amount to another amount on the same financial statement.

Answer the following statement true (T) or false (F)


False

Horizontal analysis involves comparing results across time, often expressing changes in account balances as a percentage of prior year balances. Vertical (common size) analysis involves expressing each financial statement amount as a percentage of another amount on the same financial statement.

Business

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Harun is a newly arrived legal immigrant to the United States and secures a new job quickly. But he is soon fired from the new job based on a factor related to his race or ethnicity. Which of the following reasons might his new employer have used that is not considered illegal discrimination?

a. The customer base of the business vastly prefers Caucasian employees and the business would suffer with Harun. b. Harun’s English skills are not good enough to perform the job required. c. Harun’s country of national origin has been placed on a terrorist watch list by the United States. d. Other employees have shown a strong dislike for Harun, to a degree that is affecting the business.

Business

Which of the following is best for providing additional benefits to prospects through peer-to-peer networking and posting career opportunities?

A. Facebook B. LinkedIn C. Instagram D. Twitter

Business

The basic strategy options for local companies in competing against global challengers include

A. utilizing understanding of local customer needs and preferences to create customized products or services, developing business models to exploit shortcoming in local infrastructure, and using acquisitions and rapid growth to defend against expansion-minded multinationals. B. franchising strategies, multidomestic strategies keyed to product superiority, global low-cost leadership strategies, and cross-border coordination strategies. C. focused differentiation and broad differentiation strategies. D. best-cost provider and focused low-cost provider and low-cost leadership strategies. E. export strategies, licensing strategies, and cross-border transfer strategies.

Business

Brands are assets that can be legally protected through trademarks.

Answer the following statement true (T) or false (F)

Business