When Writing Specifications

question 2

Multiple Choice

When writing specifications,

• A) use consistent terminology.
• B) provide a lengthy and very detailed introduction.
• C) avoid referring to other specifications.
• D) limit the use of lists.
• E) a and b.

Grasp the concept of trend percentages and common size percentages to analyze financial statements.

Identify and explain the four building blocks of financial statement analysis.

Apply financial ratios to assess market prospects including price earnings ratio and dividend yield.

Explain the purpose of financial statement analysis for both external and internal users.

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Definitions:

Defenses

Psychological mechanisms a person uses unconsciously to protect themselves from anxiety-inducing thoughts or feelings.

True Thoughts

Genuine or authentic reflections, beliefs, or considerations held by an individual.

Blind Pane

The pane in the Johari Window that contains everything other people can see about you, but you can’t see yourself.

Johari Window

A model that is used to improve understanding between individuals within a group. It represents self-awareness and mutual understanding among individuals.