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Financial Statements and Accounting Transactions
?
Which is NOT true of common-size comparative statements?
each item is shown as a percentage of some total of which it is a part
dollar amounts are generally not shown
the net change in each item, on a year-to-year basis, is not shown
total assets are used as a total against which all assets are measured
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
dollar amounts are generally not shown
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