When Performing Vertical Analysis the Base Amount for Administrative Expense

question 63

Multiple Choice

When performing vertical analysis the base amount for administrative expense is generally

• A) administrative expense in a previous year.
• B) net sales.
• C) gross profit.
• D) fixed assets.

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Definitions:

Objective

Unbiased and impartial; not influenced by personal feelings or opinions in considering and representing facts.

Generalized Other

A concept in sociology that represents an individual's internalized view of the expectations of their society as a whole.

"I"

An aspect of the self that is conscious, subjective, and a reflective representation of one's own identity.