All of the following are reasons why using financial statement ratios is easier than analyzing the financial statement numbers themselves, except:
a. any unexpected changes in ratios that do not make sense are attributable to fraud.
b. ratios involve small, easily understood numbers that are sensitive to changes in key variables.
c. benchmarks for most ratios are well known.
d. All of the choices are true of ratios.
a
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During __________, the central form of team communication, leadership can be shared, goals and purposes can be defined, a team identity can be developed, and innovation can be fostered.
a. meetings b. announcements c. agenda writing d. brainstorming
If few citizens of Seattle seek permission for the use of loudspeakers for providing public speeches in a residential neighborhood, the government can impose reasonable restrictions on the time, place, or manner of its use if the restriction applies equally to all types of expression.
Answer the following statement true (T) or false (F)
Which file has as its primary purpose to present comparative financial reports on a historic basis?
a. journal voucher history file b. budget master file c. responsibility file d. general ledger history file
The firm's _______ defines what knowledge and know-how resources the firm requires, how it will attain them, and how they will translate into market advantages for the firm
a. technology strategy b. market strategy c. learning strategy d. project strategy