Match the term and the definition.Not all definitions will be used.
_____ Ratio analysis
_____ Reliability
_____ Liquidity
_____ Historical cost principle
_____ Going-concern problem
_____ Profitability
_____ Consistency
_____ Solvency
_____ Trend analysis
_____ Revenue recognition principle
A.The ability of a company to meet its short-run financial obligations.
B.The difficulties a company faces in acquiring financing when first starting up.
C.The principle that companies need to adjust their accounts for inflation.
D.Also known as time-series analysis.
E.The characteristic of financial reporting that requires a company to use the same principles over time to measure financial data.
F.The principle that companies should record transactions at the cash-equivalent cost on the date of the transaction.
G.The principle that revenues should be recognized immediately upon payment.
H.The characteristic that financial results should be able to be independently verified.
I.A measure of current earnings performance.
J.An analysis that compares a company's results to other companies in the industry.
K.A measure of long-run survivability.
L.The principle that revenue should be recorded when earned,provided payment is reasonably expected.
M.Measures that relate one financial variable to another from the same financial statement.
N.The constraint that financial data needs to be similar to other firms in the industry.
O.The characteristic that financial information needs to be valuable to decision makers.
P.When a company's near-term financial survival is questionable.
Correct Answer:
Verified
Q97: If the debt-to-assets ratio is 0.63,it means
Q98: The P/E ratio indicates how much investors
Q99: Gains and losses due to changes in
Q100: Vertical analysis is one means of analyzing
Q101: Use the financial information below to
Q102: Match the term and the definition.Not all
Q104: Purrfect Pets,Inc.,had 1,588,000,1,662,000 and 1,558,000 shares of
Q105: The financial information below presents selected information
Q106: The financial information below presents selected
Q107: Match the letter for the following ratio
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents