What Is Trend Analysis

question 23

Multiple Choice

What is trend analysis?

• A) When numerical data is available,a trend can be plotted to display changes through time and into the future
• B) A trend is examined to identify its nature,causes,speed of development and potential impacts
• C) Trends viewed as particularly important in a specific community,industry or sector are carefully monitored,watched and reported to key decision makers
• D) Complex systems can be modelled by means of mathematical equations and different scenarios can be run against the model to determine 'what if' analysis

Distinguish between components that should and should not be allocated with intraperiod tax allocation.

Comprehend different principles for expense recognition and their examples.

Determine the cost of goods sold using available financial information from manufacturing operations.

Recognize and categorize extraordinary and infrequent items in financial statements according to GAAP.

---

Definitions:

Picket Line

A form of protest or demonstration by workers, often occurring during strikes, where participants position themselves outside a workplace to dissuade others from entering.

Lawful Strike

A work stoppage conducted by employees after meeting legal requirements, typically as a form of protest against employment conditions.

Constructive Dismissal

A situation where an employee resigns because their employer's behavior has become unbearable or has constituted a fundamental breach of contract.

Human Rights Tribunal

A specialized body that adjudicates complaints of discrimination and violations of human rights laws.