Horizontal Analysis Is Analysis

question 185

Multiple Choice

Horizontal analysis is analysis

• A) of percentage changes over several years.
• B) in which all items are presented as a percentage of one selected item on a financial statement.
• C) in which a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
• D) of all ratios that increased or decreased over past accounting periods.

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Definitions:

Suspensory Ligaments

Suspensory ligaments are fibrous tissues that support organs, such as the lens of the eye, by attaching them to surrounding structures.

Biconcave

Describes a shape that is curved inward on both sides, like a donut.

Opaque

A characteristic of materials that are not transparent or translucent; they do not allow light to pass through.

Vascular Tunic

Middle layer of the eye; contains many blood vessels.