Which of the following can be used to simultaneously view the relationships between all numbers on the balance sheet or income statement?
a. Horizontal analysis
b. Vertical analysis
c. Ratio analysis
d. Trend analysis
b
FEEDBACK: a. Incorrect. Horizontal analysis is a very effective way to search for analytical fraud symptoms relating to changes in account balances.
b. Correct.
c. Incorrect. Ratio analysis typically focuses on one or two financial statement relationships at a time.
d. Incorrect.
You might also like to view...
Jonathan has equally high skills in managing relationships with the employees he supervises and in helping the firm shape the vision for growth. He is not as adept in the technical aspects of the company. Applying Katz’s skills model, at what level of management is Jonathan?
A. top management B. middle management C. supervisory management D. dictatorial management
What are the two unique characteristics of the demand-based pricing approach?
What will be an ideal response?
Which organizational pattern uses the five Ws and an H (who, what, when, where, why, and how)?
A) Chronology B) Topic/function/conventional grouping C) Journalistic D) Best case/worst case
Financial institutions that accept deposits (that are insured up to a maximum level) from individuals and provide loans are called
A) finance companies. B) depository institutions. C) investment companies. D) nondepository institutions.