The Following Is Summary of Information Presented on the Financial

question 132

Multiple Choice

The following is summary of information presented on the financial statements of a company on December 31, 2017. With respect to net income, a horizontal analysis reveals ________. (Round your answer to two decimal places.)

• A) that net income is 134.62% of net sales revenue
• B) a $26,000 increase in net income
• C) a 134.62% decrease in net income
• D) a 134.62% increase in net income

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Definitions:

Existence Need Category

Basic human needs related to physical and material well-being, such as food, water, shelter, and safety.

Alderfer

Refers to Clayton Paul Alderfer's ERG theory, which condenses Maslow's hierarchy of needs into three core needs: Existence, Relatedness, and Growth.

Motivation Factors

Elements or conditions that encourage a person to act or behave in a certain way, often leading to increased effort and energy towards achieving a goal.

Herzberg's Two-Factor Theory

A theory of motivation proposing that job satisfaction and dissatisfaction arise from two different sets of factors: hygiene factors and motivators.