Which of the Following Elements Deals with the Relationship Between

question 20

Multiple Choice

Which of the following elements deals with the relationship between performance and anticipated outcomes?

• A)valence
• B)instrumentality
• C)expectancy
• D)dependency

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Definitions:

Horizontal Analysis

An analytical technique in accounting that compares financial data over multiple periods to detect trends and changes.

Trend Analysis

Involves analyzing financial statements and indicators over a certain period to identify patterns or trends in financial performance or condition.

Base Year

A specific year or period that serves as a benchmark for financial analysis or comparison with other years.

Vertical Analysis

A method of financial statement analysis in which each line item is listed as a percentage of another item, typically used to express items as a percentage of total sales or total assets.