The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.
<h3>What are comparative financial statements?</h3>
Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.
Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.
Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091
The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is <u>B. employee orientation</u>.
<h3>What is organizational learning?</h3>
Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.
Organizational learning enables employees to:
- Share insights
- Brainstorm together
- Solve problems
- Improve performance.
Thus, familiarizing new staff members with the organization's values and policies involves <u>employee orientation</u>, not employee mentorship, training, or development.
Learn more about employee orientation as part of organizational learning at brainly.com/question/11815347
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Answer:
80 years
Explanation:
Data provided in the question:
Simple interest rate charged = 1.25% = 0.0125
Now,
Let principal amount be '$x'
we know, Simple interest = Principal × Interest Rate × Time
Since the debt is doubled this means the interest is equal to the principal amount
Therefore,
$x = $x × 0.0125 × Time
or
1 = 0.0125 × Time
or
Time = 1 ÷ 0.0125
or
Time = 80 years
In this problem we are given the mean of $1100, SD of $150 and x equal to $900. In this case, we need to use the z-score table to answer the problem:
z = (x-mean)/sd
z = (900-1100)/150
z = -1.33
from z-table, the probability at the left of z= -1.33 is equal to 9.18%
Answer:C. Damage to completed cars held on a storage lot
Explanation:
Operational risk are the hazards and the uncertainties that are faced by companies in the day to day activities. It may be caused as a result of system failure or manufacturing components.
An example of operational risk for a company that manufactures automobiles would be damage to completed cars held on a storage lot.
