Examlex

Solved

Which of the Following Is the Oldest and Most Commonly

question 22

Multiple Choice

Which of the following is the oldest and most commonly used individual evaluation method?


Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for the various categories is represented as a percentage of a base figure.

Sarbanes-Oxley Act

U.S. legislation enacted in 2002, aimed at protecting investors from fraudulent accounting activities by corporations.

Internal Control

The policies and procedures used to safeguard assets, ensure accurate business information, and ensure compliance with laws and regulations.

Ratios

Quantitative measures that are used to assess the financial health, performance, and condition of a business by comparing two pieces of financial data.

Related Questions