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NEW QUESTION: 1
To carry out a comparative analysis of a firm's financial statements over a period of more than 3-4 years, one should use ________.
A. horizon analysis
B. year-to-year change analysis
C. index-number trend analysis
D. ratio analysis
Answer: C
Explanation:
Explanation/Reference:
Explanation:
To carry out a comparative statement analysis over a long period of time, you can express the financial statement numbers in terms of a common base. This base could be one of the years for which financial statements are available or can be arbitrarily set to a number like 100. This process then converts the financial statement quantities into indices and these can be analyzed more conveniently.
NEW QUESTION: 2
Universal Containers has a batch integration that runs every five minutes to load Shipment records related to existing orders that have been updated in the previous five minutes. the integration is not reporting any errors, but some Shipment records are not being loaded.What could be the problem?
A. The Integration cannot find the parent orders for some Shipments.
B. The integration is causing UC to exceedits API limits
C. Error reporting is not enabled in Salesforce.
D. The integration takes more than five minutes to run.
Answer: D
NEW QUESTION: 3
An enterprise's internal audit group has scheduled a control review of a payroll system project but has been told to wait until the system is implemented. Which of the following is the GREATEST risk associated with the delay?
A. Increased cost to mitigate deficiencies
B. Lack of adherence to industry best practices
C. Continued dependency on compliant legacy systems
D. delay in the development of new key performance indicators (KPIs)
Answer: A
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