Comparison Analysis Involves the Process of

question 128

Multiple Choice

Comparison analysis involves the process of

• A) comparing the content of computer files in order to determine any differences between them.
• B) determining the content of files and electronic communications.
• C) locating and extracting data of interest from computer-storage devices.
• D) converting data from one format to another.

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Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period of time.

Exchange Rates

The price of one currency in the terms of another, used to figure out the equivalent amount in a different currency.

Fiscal Year-End

The end of a company's accounting year, when it completes its annual financial statements and reports.

Foreign Currency Units

Foreign currency units refer to the various national currencies in which international transactions are denominated and financial statements of foreign operations are reported.