All of the following are used as financial analysis tools EXCEPT Time-series analysis helps IDENTIFY financial trends A type of analysis that helps identify similarities and differences ACROSS companies or business units at a single moment in time is COMMON-SIZE financial statements recast each statement item as An analytical tool that measures a company's performance against a PREDETERMINED STANDARD is a/an The financial statement reporting "FILTER" is Which one of the following helps the analyst REMOVE the effects of an information filter? TREND statements help the user  (MANERO) In a common size income statement for 2012, the operating expenses are expressed as  (MANERO) In a common size income statement for 2010, the cost of goods sold is expressed as

1. All of the following are used as financial analysis tools EXCEPT

A. managements' discussion and analysis

2. Time-series analysis helps IDENTIFY financial trends

C. over time

3. A type of analysis that helps identify similarities and differences ACROSS companies or business units at a single moment in time is

D. cross-sectional analysis

4. COMMON-SIZE financial statements recast each statement item as

C. a percentage of some "base number"

5. An analytical tool that measures a company's performance against a PREDETERMINED STANDARD is a/an

A. benchmark comparison analysis

6. The financial statement reporting "FILTER" is

D. management's discretion

7. Which one of the following helps the analyst REMOVE the effects of an information filter?

C. Note disclosures

8. TREND statements help the user

C. spot changes over time

9. (MANERO) In a common size income statement for 2012, the operating expenses are expressed as

A. 28.0%

10. (MANERO) In a common size income statement for 2010, the cost of goods sold is expressed as

B. 64.3%