Similar operating segments may be combined if the segments have similar economic characteristics. Which one of the following is a similar economic characteristic?     The segments’ management teams. The tax reporting law sections. The distribution method for products or services. The expected rates of return and risk for the segment’s productive assets.

Three common tools of financial analysis are: Multiple Choice O Financial reporting, sensitivity analysis, transactional analysis. Fair presentation, variance analysis, financial reporting. Horizontal analysis, vertical analysis, ratio analysis. Liquidation analysis, political analysis, fair value analysis. Relativity analysis, financial reporting, fair value analysis.

Which of the following does ratio analysis in an industry set-up help compare? (Note: More than one option(s) may be correct.) ans1:A company's performance between different time period ans2:A company's performance to another ans3:A company to industry standard ans4:None of the above

Which of the following would not be used as a summary performance measure when using market multiples to determine value?     Stock price     Net operating assets     Net operating profit after tax     Book value