Comparative: D.
Absolute: B.
Explanation:
Comparative is about opportunity cost whilst absolute is about the quantity productivity efficiency
Answer: False
Explanation:
The statement in the question that a classified income statement has four major sections which are the operating revenues, cost of goods sold, operating expenses, and non-operating revenues and accounts receivables is not true.
It should be noted that a classified income statement is made up of the revenue, the expenses and the non operating revenues and expenses.
A. i am pretty sure it is A.
It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
