Question: True or false. . 2) Y on Y analysis involves looking at various components of the income statement and dividing them by revenue to express

True or false.

. 2) Y on Y analysis involves looking at various components of the income statement and dividing them by revenue to express them as a percentage.

3) When two or more of these tasks are performed by the same or related employees we can say there is an internal control strength.

4 Budgets provide standards against which actual performance can be measured.

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