Which of the Following Statements Is Not True

question 170

Multiple Choice

Which of the following statements is not true?

• A)Horizontal analyses help financial statement users recognize changes that unfold over time.
• B)Vertical analyses focus on relationships between items on the same financial statement.
• C)Ratio analyses focus on relationships between items on one or more of the financial statements.
• D)Horizontal analyses help financial statement users recognize changes that occur between companies.

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Definitions:

Outgroup Homogeneity Effect

The tendency to view members of an outgroup as more similar to each other than members of one's ingroup.

Visual Perception

The process of interpreting and making sense of visual information from the environment through the eyes and brain.

Shooter Bias

A cognitive bias in which a person is more likely to shoot a target they perceive to be holding a weapon because of their race or ethnicity.

Racial Bias Effect

The influence of an individual's race on the perceptions, attitudes, and actions of others, often leading to prejudice and discrimination.