The Following Is Summary of Information Presented on the Financial

question 59

Multiple Choice

The following is summary of information presented on the financial statements of a company on December 31, 2015. What would a horizontal analysis report show with respect to net sales revenue?

• A)a 20% increase in net sales revenue
• B)a 120% decrease in net sales revenue
• C)a decrease of $ 50,000 in net sales revenue
• D)an increase of $50,000 in net sales revenue

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Definitions:

Forecasting Overhead

The process of estimating future overhead costs of a business, which are not directly tied to a specific business activity but are necessary for the business to operate.

Staffing Requirements

The specific needs a company has for hiring employees, including the number and type of workers needed to fulfill business objectives.

Service Delivery Model

A framework that defines the way services are delivered to clients or customers, including the processes, roles, and technologies involved.

Training Specialists

Professionals who design, conduct, and evaluate programs that enhance the skills and knowledge of an organization's employees.