Statements in Which All Items Are Expressed Only in Relative

question 35

Multiple Choice

Statements in which all items are expressed only in relative terms (percentages of a base) are termed:

• A)vertical Statements.
• B)horizontal Statements.
• C)funds Statements.
• D)common-Size Statements.
• E)None of the answers are correct.

---

Definitions:

Financial Institutions

Organizations that conduct financial activities, such as banks, credit unions, brokerage firms, and insurance companies, managing monetary transactions and investments.

Federal Law

Laws passed by the national government of a country, which in the case of the United States, includes statutes enacted by Congress that apply to all states.

Cyber Crime Prosecuted

The process of legally charging and trying individuals or entities for criminal activities conducted via the internet or digital systems.

Economic Espionage Act

A United States law making the theft or misappropriation of trade secrets to benefit a foreign government a federal crime.