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A. TRUE
B. FALSE
Answer: B
NEW QUESTION: 2
As a CHFI professional, which of the following is the most important to your professional reputation?
A. The correct, successful management of each and every case
B. Your Certifications
C. The free that you charge
D. The friendship of local law enforcement officers
Answer: A
NEW QUESTION: 3
The RJ-45 is now known as the 8P8C style connector, per the Telecommunications Industry Association
(TIA) standard. What does the P and C stand for?
A. Position and contact
B. Plug and connector
C. Position and connector
D. Plug and contact
Answer: A
NEW QUESTION: 4
Analysts should go beyond the "bottom line" when analyzing and interpreting financial statements because
A. nonrecurring items included in net income affect ratio analysis.
B. calculations of trends and ratios are unreliable.
C. math errors are sometimes made.
Answer: A
Explanation:
To avoid reaching incorrect conclusions, analysts should go beyond the "bottom line" when analyzing and interpreting financial statements because nonrecurring items included in net income affect ratio analysis. The calculations of trends and ratios are based on the assumption that net income and other components are comparable from year to year and from company to company. Going beyond the
"bottom line" means looking at the components that created the final result, in this case, net income which is used in ratio analysis. If nonrecurring items exist, they should be considered when making interpretations.