For Vertical Analysis Purposes, the Base Item on an Income

question 107

Multiple Choice

For vertical analysis purposes, the base item on an income statement is:

• A) net income.
• B) net sales.
• C) total expenses.
• D) total sales.

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Definitions:

CRM

Stands for Customer Relationship Management, a strategy for managing an organization's relationships and interactions with customers and potential customers.

OLTP

stands for Online Transaction Processing, a class of software programs capable of supporting transaction-oriented applications on the internet.

Batch Processing

A processing method where data or transactions are accumulated over a period and processed as a single group.

OLAP

Online Analytical Processing, a category of software tools that provides analysis of data stored in a database, enabling complex calculations, trend analysis, and data modeling.