Answer:
Comparability means using the same accounting principles from year to year within a company.
Explanation:
Comparability is a term often used in accounting operation to describe the degree or level to which the information shown in the financial statements of a particular company is relative or comparable with other various companies, over a given period of time.
Hence, in this case, the correct answer is "Comparability means using the same accounting principles from year to year within a company." Because the statement is not CORRECT.
Activity ratios reflect the speed with which resources are converted to cash or sales.
Option E is correct answer .
Activity ratios :
Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.
What is a high activity ratio?
A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.
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Answer: Rationalization
Explanation:
In discipline such as logic and psychology, rationalization which is also referred to as making excuses as defense mechanism under which they tend to explain their controversial feelings and behaviors. They tend to justify and explain them in a way which is considered to be seemingly logical or rational. This is done in order to avoid true description and explanation and thus are made into consciously tolerable or admirable by the plausible means.
We see a continuous fall in percentage the annual inflation rate over those years would decrease.
<h3>Annual inflation rate over years </h3>
Question Parameters:
if the price level rose in three consecutive years from 100 to 120 to 140,
Generally the equation for the is mathematically given as
So, annual inflation rate is
x=[(120-100)/100]*100
x= 20%
In the year 3, price level was 140, hence, the inflation rate
y= [(140-120)/120]*100
y= 16.67%.
Since, we see a continuous fall in percentage the annual inflation rate over those years would decrease.
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