Trend Analysis Is Analysis

question 147

Multiple Choice

Trend analysis is analysis

• A) of percentage changes over several years.
• B) in which all items are presented as a percentage of one selected item on a financial statement.
• C) in which a statistic is calculated for the relationship between tow items on a single financial statement or for two items on different financial statements.
• D) of all ratios that increased or decreased over past accounting periods.

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Definitions:

Breach

The violation or non-fulfillment of a legal agreement or obligation.

Warranty

A promise, typically made by a seller to a buyer, regarding the condition or quality of a product.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.

Fabric Store

A retail establishment that sells cloth and materials for sewing, clothing creation, and other textile crafts.