Many Times a Financial Analyst May Decide to Make Adjustments

question 29

Multiple Choice

Many times a financial analyst may decide to make adjustments to the financial statements in order to make the statements more useful.Which of the following would not require an adjustment to the financial statement?

• A) A company signs a new contract with a customer.
• B) A delivery company incurs a loss from disposition of used delivery trucks.
• C) A company changes the useful life of its equipment from 5 years to 8 years.
• D) A company incurs a charge related restructuring its operations.

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Definitions:

Mask Parameter

A technique or value used to selectively filter or process information, often in digital communication or image processing.

Sequencer File

A structured list or table used in programming of automation systems, which controls the execution of operations in a fixed sequence.

Sequencer Instructions

Commands used in PLC programming that control the execution order of a series of operations.

Ladder Program

A graphical programming language used in industrial automation that represents circuits and logic control through symbols resembling a ladder.