ACCOUNTING PRINCIPLES 122 5/16 >C<
ACCOUNTING PRINCIPLES 122 5/16 >C<
17th Edition
ISBN: 9781323461471
Author: Horngren
Publisher: PEARSON C
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Chapter 17, Problem S17.2SE
To determine

Concept Introduction:

Horizontal Analysis/ Trend Analysis: Horizontal Analysis or Trend Analysis refer to Presentation of Data in the form of percentages of two years, where in the prior year will form basis of comparison.

To Show: Comparison of Revenues and Gross Profit over a period of time.

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What distinguishes accounting tolerance analysis from materiality thresholds? (I) Both concepts mean exactly the same thing (II) Tolerance permits specific variances while materiality addresses significance (III) Tolerance applies only to manufacturing (IV) Materiality deals only with errors
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Chapter 17 Solutions

ACCOUNTING PRINCIPLES 122 5/16 >C<

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