The Dollar Change for a Comparative Financial Statement Item Is

question 97

Multiple Choice

The dollar change for a comparative financial statement item is calculated by:

• A)Subtracting the analysis period amount from the base period amount.
• B)Subtracting the base period amount from the analysis period amount.
• C)Subtracting the analysis period amount from the base period amount,dividing the result by the base period amount,then multiplying that amount by 100.
• D)Subtracting the base period amount from the analysis period amount,dividing the result by the base period amount,then multiplying that amount by 100.
• E)Subtracting the base period amount from the analysis amount,then dividing the result by the base amount.

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Definitions:

Security Needs

The need to protect oneself from physical and economic harm.

Minimum-wage Laws

Regulations established by government mandating the lowest hourly rate that can be paid to an employee by employers.