Question 19

The Long Company pays its workers differently, depending on how long they have been employed. However, skill levels are similar for all the workers. A manager is trying to decide whether to consider all workers the same, and to use an average wage rate for purposes of a cost model. The concept involved here is best described as:

	A.	Homogeneity
	B.	Interdependence
	C.	Responsiveness
	D.	Traceability

Question 20

When a financial statement analyst compares figures for a companys revenues over a five-year period, this can best be describes as an example of

A.Vertical analysis

B.Horizontal analysis

C.Credit analysis

D.Solvency analysis