It Is Easier to Evaluate a Firm Using Its Financial

question 63

Multiple Choice

It is easier to evaluate a firm using its financial statements when the firm:

• A)is a conglomerate.
• B)is global in nature.
• C)uses the same accounting procedures as other firms in its industry.
• D)has a different fiscal year than other firms in its industry.
• E)tends to have one-time events such as asset sales and property acquisitions.

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Definitions:

Corpor/e

A combining form used in medical terminology relating to the body or the corpus of an organ.

Tachy-

A prefix meaning fast or rapid, used in medical terminology to describe an accelerated condition, e.g., tachycardia.

-emia

A suffix used in medical terms to denote a condition of the blood.

Quivers

Minor, rapid oscillations or vibrations, often of an object or part of the body, indicating nervousness or a physical reaction.