In Some Financial Statements, Most of the Financial Items on the Statements

question 148

Multiple Choice

In some financial statements, most of the financial items on the statements are expressed as percentages of a selected base item. These percentages for two or more sequentialperiods are presented on:

• A) Constant dollar statements.
• B) Common-size comparative statements.
• C) All comparative statements.
• D) Current cost statements.
• E) Conventional financial statements.

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