Question Details

Expressing each item in a financial statement as a percent of a base amount 


1. Discontinued operations refers to the disposal of a __________________ of a business.
2. The two criteria necessary for an item to be classified as an extraordinary item are that the
transaction or event must be (1) _______________ and (2) ________________.
3. A change in depreciation methods during the year would be classified as a change in
____________________.
4. ______________ analysis, also called trend analysis, is a technique for evaluating a
series of financial statement data over a period of time.
5. Expressing each item in a financial statement as a percent of a base amount is called
______________ analysis.




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