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Author Question: In a period of rising sales, utilizing past cost and expense ratios (percent-of-sales method) when ... (Read 95 times)

jace

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on: Jul 10, 2018
In a period of rising sales, utilizing past cost and expense ratios (percent-of-sales method) when preparing pro forma financial statements will tend to ________.
 
  A) overstate costs and overstate profits
  B) overstate costs and understate profits
  C) understate costs and overstate profits
  D) understate costs and understate profits

Question 2

Investor complaints against brokers are primarily handled through
 
  A)
 
  binding arbitration.
  B)
 
  the federal court system.
  C)
 
  the state court system.
  D)
 
  the Federal Reserve system.


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cam1229

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

A


jace

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Reply 2 on: Jul 10, 2018
Gracias!

Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
:D TYSM

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