Explanatory Studies

question 4

Multiple Choice

Explanatory studies:

• A)can employ qualitative, quantitative, and/or mixed methods.
• B)always use qualitative methods.
• C)always use quantitative methods.
• D)none of these.

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Definitions:

Adjusting Entry

An accounting record made at the conclusion of a financial period to distribute revenue and expenses to the correct period of their occurrence.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.

Income Statements

A financial report summarizing a company's revenues, expenses, and profits over a specified period.

Trends

General directions in which something is developing or changing, often identified through the analysis of data over periods of time.