Converting Categories on Financial Statements from Dollar Terms to Percentages

question 18

Multiple Choice

Converting categories on financial statements from dollar terms to percentages results in

• A) inflation-adjusted statements.
• B) diverse rates of returns.
• C) common-size statements.
• D) constant dollar denominations.
• E) equivalency comparison.

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Definitions:

Resource Pooling

Using an outside vendor to pool cloud-based resources (servers, storage space, and more) with other companies.

Virtual Technology

Another name for virtualization, which is a process that allows multiple operating systems to be installed and share hardware resources.

Operating Systems

Software platforms that manage hardware resources and provide services for computer programs, acting as an intermediary between the user and the machine.

Sharing

The act of making data or resources available to other users or systems.