The Following Is a Summary of Information Presented on the Financial

question 81

Multiple Choice

The following is a summary of information presented on the financial statements of a company on December 31,2019.

With respect to long-term liabilities,a horizontal analysis reveals ________.

• A)long-term liabilities decreased by $13,000
• B)long-term liabilities decreased by 22.81%
• C)long-term liabilities decreased by 15.38%
• D)long-term liabilities decreased by $2000

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Definitions:

Paralanguage

Non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.

Spoken Language

A socially acquired system of sound patterns with meanings agreed on by the members of a group.

Basic Components

Fundamental elements or parts that make up a whole system, structure, or concept.

Feedback

Information about reactions to a product, a person's performance of a task, etc., used as a basis for improvement.