Under Which of the Following Cases May a Percentage Change

question 133

Multiple Choice

Under which of the following cases may a percentage change be computed?

• A) The trend of the balances is decreasing but all balances are positive.
• B) There is no balance in the base year.
• C) There is a positive balance in the base year and a negative balance in the subsequent year.
• D) There is a negative balance in the base year and a positive balance in the subsequent year.

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Definitions:

Prospective Franchisees

Individuals or entities that are considering entering into a franchise agreement to operate a branded business.

Separate Business Organization

An entity that operates independently from other business entities, often with its own legal and tax considerations.

Sole Proprietorship

A business owned and operated by a single individual, with no separation between the business and the owner.

Owner

An individual or entity that has the legal right, title, and interest in property or assets.