Question 1
Which of the following is the formula for calculating the percentage in trend analysis?
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Question 2
Which of the following is
not a use of trend analysis?
◦ For revealing more information about performance than is revealed by just one year's worth of change
◦ For comparing changes in unrelated accounts
◦ For comparing changes in related accounts
◦ For analyzing information other than that found on the balance sheet and income statement, such as supplemental information reported in annual reports