Which One of the Following Is Not a Tool in Financial

question 39

Multiple Choice

Which one of the following is not a tool in financial statement analysis?

• A) Horizontal analysis
• B) Circular analysis
• C) Vertical analysis
• D) Ratio analysis

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Definitions:

Franchises

Business models where a franchisor licenses trademarks and methods to a franchisee in exchange for a recurring payment and possibly a percentage of gross sales or profits.

Categories

Categories represent classifications or groups of items that share common characteristics or attributes.

Certificate of Authority

An official document issued by regulatory authorities granting permission for a company to do business in a particular jurisdiction.

Foreign Company

A foreign company is a business entity that is incorporated in a country other than where it conducts its majority operations or where its principal investors reside.