All of the Following Statements About Vertical Analysis Are True

question 88

Multiple Choice

All of the following statements about vertical analysis are true except

• A)vertical analysis is also called common size analysis.
• B)amounts on the statement of income are expressed as a percentage of sales.
• C)vertical analysis shows the relative size of each item in the statement of financial position.
• D)vertical analysis is also called trend analysis.

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Definitions:

Social-Cognitive Theorist

A psychologist who studies how people learn through observing others and the effects of cognitive processes on social behavior.

Reinforced

Strengthened or supported, especially in the context of behavior strengthened by rewards or consequences.

Wavelength

The distance between successive crests of a wave, especially points in a sound wave or electromagnetic wave.

Saturation

Vividness or purity of color; the dimension of visual experience related to the complexity of light waves.