Intellipath module 1- financial analysis.docx - Horizontal...

analysis is the study of percentage changes in comparative statements.
Common-size statements are a type of analysis that reports only percentages.
Vertical analysis provides analysis of financial statements in which of the following
ways?
Uncovering employee theft
Showing the relationship of each item to a base amount
Evaluation of employee information
Evaluating non-financial activities
Apex Printing, Inc. is a private, domestic United States printer of periodicals,
newspaper inserts, and advertising materials that accompany distributions of
Sunday and weekday circulations of large metropolitan newspapers.
As the newly hired VP of finance, you report to the CFO. In this capacity, your
responsibilities include analyzing trends in financial statements to provide
recommendations to management. Which of the analysis tools can be used
by Apex to examine past performance?
Human resources records
Current month payroll
Approved procedures
Horizontal analysis
Comparative analysis is used to assess the financial performance of a company in
which of the following ways?
To evaluate non-financial information
To provide insight into the company's competitive position
To evaluate employee hours within the organization
To evaluate benefits offered by the organization
Which of the following is an evaluation technique used in the analysis of financial
statements?