Financial Statements with Data for Two or More Successive Accounting

question 59

Multiple Choice

Financial statements with data for two or more successive accounting periods placed in columns side by side, sometimes with changes shown in dollar amounts andpercentages, are:

• A) Cost statements.
• B) Successive statements.
• C) Position statements.
• D) Controlling statements.
• E) Comparative statements.

---

Definitions:

Copyright

The exclusive right of an author or other creator to publish, print, or sell an intellectual production for a statutory period of time.

Employment Law

The branch of law that deals with the rights and duties between employers and workers.

Sexual Harassment

In the employment context, the granting of job promotions or other benefits in return for sexual favors (quid pro quo harassment), or language or conduct that is so sexually offensive that it creates a hostile working environment (hostile environment harassment).

Wrongful Termination

The illegal firing of an employee in violation of federal or state laws, or breach of employment contract terms.