Trend Refers to

question 210

Multiple Choice

Trend refers to

• A) the scale used on the x- and y-coordinates.
• B) increases but not decreases of a variable.
• C) decreases but not increases of a variable.
• D) a general tendency for a variable to rise or fall.

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Definitions:

Sale Price

The amount of money for which a product or service is sold to the consumer.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.

Prior Period Adjustment

Adjustments made to amend previously issued financial statements for errors or changes in accounting principles.

Depreciation Expense

The systematic allocation of the cost of tangible assets over their useful lives, reflecting wear and tear or obsolescence.