Match Each Item with the Correct Statement Below

question 16

Multiple Choice

Match each item with the correct statement below. Answers may be used more than once.
-This form is filled out by each employee every day.

• A)Job-order cost sheet
• B)Time ticket
• C)Materials requisition form

---

Definitions:

Common-Size Financial Statements

These are financial documents where all line items are expressed as a percentage of a specific figure from the statement, facilitating ratio analysis and comparability.

Base Number

A reference point or initial value used in calculations to compare other numbers or for indexing purposes.

Fixed Asset Sales

The disposal of long-term assets owned by a company, such as property, plant, and equipment, usually due to obsolescence, necessity, or acquiring funds.

Financial Ratios

Quantitative measures derived from financial statement analysis used by investors and analysts to assess a company's financial health, performance, and viability.