Choose the Appropriate Letter to Match the Term and the Definition

question 145

Short Answer

Choose the appropriate letter to match the term and the definition. Not all definitions will be used.
Term
_____ Time-Series Analysis
_____ Common-Size Financial Statements
_____ Management Discussion and Analysis
_____ Price/Earnings Ratio
_____ Earnings Per Share
_____ Comprehensive Income
_____ Discontinued Operations
_____ Net Income
Definition
A) The practice of reporting accounting data in the national monetary unit.
B) A nonrecurring item associated with abandoning or selling an operation.
C) The earnings of a company after taxes.
D) An increase in an asset or a decrease in a liability that results from peripheral activities.
E) After-tax earnings adjusted for gains and losses that may disappear before they are realized.
F) A section of the annual report that can be used in interpreting the results of financial statement analysis.
G) The ratio calculated by dividing the net income by the number of common shares outstanding.
H) The ratio calculated by dividing the price of a share of stock by the earnings per share.
I) Also known as ratio analysis.
J) A nonrecurring item on the income statement that reflects gains and losses associated with extraordinary events.
K) Another name for a trend analysis.
L) The practice of reporting information in percentages rather than monetary amounts.

• A) The practice of reporting accounting data in the national monetary unit.
• B) A nonrecurring item associated with abandoning or selling an operation.
• C) The earnings of a company after taxes.
• D) An increase in an asset or a decrease in a liability that results from peripheral activities.
• E) After-tax earnings adjusted for gains and losses that may disappear before they are realized.
• F) A section of the annual report that can be used in interpreting the results of financial statement analysis.
• G) The ratio calculated by dividing the net income by the number of common shares outstanding.
• H) The ratio calculated by dividing the price of a share of stock by the earnings per share.
• I) Also known as ratio analysis.
• J) A nonrecurring item on the income statement that reflects gains and losses associated with extraordinary events.
• K) Another name for a trend analysis.
• L) The practice of reporting information in percentages rather than monetary amounts.

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Definitions:

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Complaint Committee

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Moral Judgment

The process of determining the moral correctness or wrongness of an action, often based on ethical principles and values.

Acceptable Conduct

The standards of behavior considered appropriate and acceptable within a particular context, such as a workplace or social setting.