Determining the Percentage Change in an Item from One Year

question 50

True/False

Determining the percentage change in an item from one year to the next is a type of horizontal analysis.

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Definitions:

Balance Of Probabilities

The burden of proof in civil matters; the person making the claim must provide evidence to convince the court that there is a greater than 50 percent likelihood that the event took place as claimed.

Civil Matter

A legal dispute between private parties (individuals or corporations), which usually involves issues such as contracts, property, and family law, as opposed to criminal law.

Jury

A group of citizens sworn to give a verdict in a legal case on the basis of evidence presented to them in court.

Civil Disputes

Conflicts between individuals or organizations that are resolved in civil courts, as opposed to criminal matters.