Difference between revisions of "Common-size statement"
(Created page with "Common-size statement is a comparative report in which each item is expressed as a percentage of a base amount without dollar amounts. ==Definitions== According to Col...") |
m (Gary moved page Common-size statements to Common-size statement) |
(No difference)
|
Revision as of 11:10, 20 December 2018
Common-size statement is a comparative report in which each item is expressed as a percentage of a base amount without dollar amounts.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Common-size statements. Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.