2- Multiple Choice Question 49
Which one of the following is not a tool in financial statement analysis?
Ratio analysis Horizontal analysis Vertical analysis Circular analysis 3- IFRS Multiple Choice Question 243 Under IFRS, there is no classification for changes in accounting principles. changes in accounting estimates. discontinued operations. extraordinary items 4- Multiple Choice Question 155
ACME Company reports income before income taxes of $ 2,400,000 and had an extra-ordinary loss of $ 800,000. If the tax rate is 30 %,
the income before the extraordinary item is $ 1,680,000. the income before the extraordinary item is $ 1,920,000.