A trend analysis to determine a year-to-year dollar amount change is calculated by subtracting the:
A)previous period amount from the current amount.
B)current period amount from the previous period amount.
C)current period amount from the previous period amount and then dividing the result by the previous period amount.
D)previous period amount from the current period amount and then dividing the result by the current period amount.

Question

Quizplus · Accepted Answer

A year-to-year dollar amount change is calculated as current year's total minus prior year's total.

A Trend Analysis to Determine a Year-To-Year Dollar Amount Change