Which One of the Following Statements Is Correct

question 111

Multiple Choice

Which one of the following statements is correct?

• A)Peer group analysis is easier when a firm is a conglomerate versus when it has only a single line of business.
• B)Peer group analysis is easier when seasonal firms have different fiscal years.
• C)Peer group analysis is simplified when firms use varying methods of depreciation.
• D)Comparing results across geographic locations is easier since all countries now use a common set of accounting standards.
• E)Adjustments have to be made when comparing the income statements of firms that use different methods of accounting for inventory.

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Definitions:

PR Spin

The act of presenting information or a narrative in a way that potentially alters public perception in favor of the entity controlling the message.

Manipulating Public

The unethical practice of influencing or controlling the opinions and behaviors of the public through misleading or deceptive information.

PR Communication

The strategies and processes used by individuals or organizations to manage and disseminate information to the public and the media.

PRSA Code Of Conduct

The ethical guidelines established by the Public Relations Society of America, which its members agree to follow in their professional practices.