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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
  5. Question
    When a Negative Amount Is in the Base Period and a Positive
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When a Negative Amount Is in the Base Period and a Positive

Question 13

Question 13

True/False

When a negative amount is in the base period and a positive amount is in the analysis period (or vice versa), a meaningful percent change cannot be calculated.

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