Comparative Reports in Which Each Item Is Expressed as a Percentage

question 82

Multiple Choice

Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts are called:

• A) comparative financial statements.
• B) common-size statements.
• C) cash flow analysis.
• D) horizontal analysis.

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Definitions:

Absolute Size

A measure or quantity's actual size or magnitude, not relative to other measures or quantities.

Strength

The capacity to withstand force or stress without alteration, often used in physical contexts but also applicable to emotional or character attributes.

Effect Size

A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between variables, commonly used in statistical analyses.

Statistic

A numerical or quantitative measurement describing some characteristic of a sample taken from a population.