Year to Year Percentage Changes in Line Items from Comparative

question 23

Multiple Choice

Year to year percentage changes in line items from comparative financial statements is called:

• A)benchmarking.
• B)horizontal analysis.
• C)vertical analysis.
• D)common-size financial statements.

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Definitions:

Limited-Line Stores

Retail outlets that offer a limited variety of products but within a specific product category or segment.

Considerable Assortment

A wide and varied range of items or products.

Depth of Product Line

The range of product variations offered by a company within a specific product category, reflecting the diversity in features, sizes, prices, or quality.

Large Assortment

A wide variety of products offered by a retailer or manufacturer to meet diverse customer needs and preferences.