Trend analysis is analysis
a. of dollar changes and percentage changes over several years.
b. in which all items are presented as a percentage of one selected item on a financial statement.
c. in which a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
d. of all ratios that increased or decreased over past accounting periods.
a
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International marketingis defined as marketing activities performed across national boundaries.
Answer the following statement true (T) or false (F)
The earliest written records of auctions are from _____
a. Huanbei b. Babylon c. Rome d. Athens
Which one of the following procedures would not be appropriate for the auditors in discharging their responsibilities concerning the client's physical inventories?
A. Confirmation of goods in the hands of public warehouses. B. Carrying out physical inventory procedures at an interim date. C. Obtaining written representation from the client as to the existence, quality, and dollar amount of the inventory. D. Supervising the taking of the annual physical inventory.
Which of the following statements about municipal bond financing is most correct?
A. Whereas the vast majority of Treasury and corporate bonds are held by institutions, no municipal bonds are held by individual investors. B. The primary attraction of municipal bonds to individual investors is their high before-tax yields. C. Municipal bonds usually pay higher coupon rates than corporate bonds with similar ratings. D. Municipal bonds are risk-free. E. In contrast to corporate bonds, municipal bond issues are not required to be registered with the Securities and Exchange Commission.