Which of the Following Would Not Be Considered an Analytical

question 12

Multiple Choice

Which of the following would not be considered an analytical procedure?

• A) comparing payroll costs with the number of employees.
• B) comparing actual sales to budgeted sales
• C) comparing financial ratio results with industry averages.
• D) comparing source dockets with journal entries.

---

Definitions:

Interest Rate

The segment of a loan levied as interest upon the borrower, customarily indicated as an annual proportion of the loan yet to be repaid.

Utility Function

A representation in economics that expresses the preference ordering of various utility levels or consumption bundles by individuals or firms.

Consumption

The use of goods and services by households or individuals, often analyzed to understand economic activity and consumer behavior.

Bushels

A bushel is a unit of volume that is used in the United States for measuring quantities of agricultural produce such as grains, fruits, and vegetables.