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il63 [147K]
3 years ago
8

Vertical analysis can best be described as a technique for analyzing the percentage change in individual financial statement lin

e items from one accounting period to the next.
a. True
b. False
Business
1 answer:
Hoochie [10]3 years ago
7 0

Answer:

False

Explanation:

Vertical analysis can be regarded as accounting tool which gives room for

proportional analysis of some documents. This document is usually

financial statements.In carrying out vertical analysis, all the item line that is on the financial statement is been recorded as percentage of another item. Instance of this is an income statement.

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In about 2003, day spas, chain whitening franchises, and other businesses began to offer teeth whitening. Dentists began complai
DochEvi [55]

Answer: D

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8 0
3 years ago
Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its wo
PolarNik [594]

Answer:

B) $30,500

Explanation:

Calculation for Kapanga's work in process inventory balance at the end of October

First step is to calculate the Variable Overheads

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3 years ago
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