Time-series analysis is the same as rate of change analysis.

True

False

The adjustment necessary to convert cash-basis payments for other operating costs to accrual-basis operating expenses requires the addition of ending prepaid expenses to the beginning prepaid expenses, subtracting the beginning accrued expenses from this amount, and finally adding the ending accrued expenses.

True

False

In common-size analysis, all balance sheet items and income statement items are presented as a percentage of total assets.

True

False