$1.$Where would you find the information needed to calculate a company's Operating Margin?

a$.$ The company's statement of changes in fund balance.

b$.$ None of the statements is true.

c$.$ The company's balance sheet.

d$.$ The company's statement of revenue and expenses $($profit and loss$).$

$2.$If a company uses the cash basis of accounting then the company records revenue onto their financial books when. it is earned, not when it is received.

True

False

$3.$ Pareto Analysis is also known as a Trend Analysis.

True

False