Which of the Following Statements Regarding Horizontal Analysis Is Not

question 49

Multiple Choice

Which of the following statements regarding horizontal analysis is not true?

• A)Percentage analysis involves computing the percentage relationship between two amounts.
• B)A horizontal analysis of cost of goods sold on the income statement includes dividing net income by total revenue.
• C)Horizontal analysis attempts to eliminate the materiality problem of comparing firms of different sizes.
• D)In horizontal percentage analysis,a financial statement line item is expressed as a percentage of the previous balance of the same item.

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Definitions:

Nurse's Response

The actions or interventions undertaken by a nurse in reaction to a patient's needs or a medical situation.

Communication Process

The transfer of information from a sender to a receiver through a medium, involving encoding, sending, receiving, and decoding of messages.

Misinterpret Message

Incorrectly understanding or comprehending the intended meaning of a communicated message.

Health Care Professional

Individuals qualified through education and training to provide health care services, such as doctors, nurses, and therapists.