A comparison of the amounts for the same item in the financial statements of two or more periods is called:
A) vertical analysis.
B) comparative analysis.
C) horizontal analysis.
D) trend analysis.
C) horizontal analysis.
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Which of the following best describes the occurrence assertion for inventory?
A. Purchase requisitions initiated by authorized personnel. B. Inventory properly accumulated from journals and ledgers. C. All inventory is recorded. D. Recorded inventory transactions actually happened.
A physical inventory count is an example of a
a. preventive control b. detective control c. corrective control d. Feed-forward control
Which of the following is the most efficient method to reduce the negative effects of the etiquette barrier of communication?
a. Showing a generally accepted and sympathetic attitude toward respondents. b. Telling respondents that information will be handled confidentially. c. Selecting an appropriate interviewer and a proper setting for the interview. d. Convincing respondents that the interview is a good use of their time.
______________ should perform observational studies
a. Cross disciplinary teams b. Anthropologists c. Product development engineers d. Marketing researchers e. Product managers