Which of the Following Is a Characteristic of Time Series

question 197

Multiple Choice

Which of the following is a characteristic of time series (or trend) analysis?

• A) Dollar changes and percentage changes in a company's financial statement lines are compared over several years.
• B) All items are presented as a percentage of one selected item on a financial statement.
• C) A statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
• D) Ratio increases and decreases are presented for the past two accounting periods.

---

Definitions:

Nitrogen Oxide

Gases produced from the reaction between nitrogen and oxygen during combustion at high temperatures, often contributing to air pollution.

Pollution Authority

An organization or regulatory body responsible for controlling or reducing pollution to protect the environment.

Tradable Permits

A system where rights to emit pollution or other substances are given a market value and can be bought and sold.

Environmental Protection Agency

A U.S. federal agency responsible for creating and enforcing regulations to protect the environment and public health from pollution and hazardous substances.