According to the text, ________ means that there is no overlap between classes and every object being measured falls into only one class

Which situation below might indicate a company has a low quality of earnings?

A. The same accounting principles are used each year. B. Revenue is recognized when earned. C. Maintenance costs are capitalized and then depreciated. D. The company's P-E ratio is high relative to competitors.

Historical Analogy uses historical records that are readily available within the firm to predict

future sales. Indicate whether the statement is true or false