ACCT701 QUIZ 3-3.docx - QUIZ 3 Tuesday 9:10 AM State Finished Completed on Tuesday 9:13 AM Time taken 3 mins 20 secs Marks 10.00\/10.00 Grade 15.00 out

ACCT701 QUIZ 3-3.docx - QUIZ 3 Tuesday 9:10 AM State...

This preview shows page 1 - 3 out of 5 pages.

QUIZ 3 Tuesday, May 22, 2018, 9:10 AM State Finished Completed on Tuesday, May 22, 2018, 9:13 AM Time taken 3 mins 20 secs Marks 10.00/10.00 Grade 15.00 out of 15.00 (100%) Question 1CorrectMark 1.00 out of 1.00Not flaggedFlag questionQuestion text(T / F) Horizontal analysis is the calculation of dollar changes or percentage changes in comparative statement items or totals. Use of this analysis helps detect changes in a company's performance and highlights trends. Select one:True FalseFeedbackCorrect.The correct answer is 'True'. Question 2CorrectMark 1.00 out of 1.00Not flaggedFlag questionQuestion text(T / F) Vertical analysis consists of a study of a single financial statement in which each item is expressed as a percentage of a significant total.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture