In Horizontal Analysis If an Item Has a Negative Amount

question 144

True/False

In horizontal analysis if an item has a negative amount in the base year and a positive amount in the following year no percentage change for that item can be computed.

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Definitions:

Critical Issues

Significant, urgent problems or challenges that require immediate attention and action to avoid negative consequences.

Self-Perpetuating Board

A board of directors that has the authority to appoint its own members, often seen in nonprofit organizations, ensuring continuity and stability in governance.

New Members

Individuals who have recently joined an organization, group, or community, often bringing fresh perspectives and energy.

Selection Committee

A group of individuals tasked with the responsibility of making selections or decisions, often in contexts such as employment, awards, or grants.