Horizontal Analysis Is Also Called

question 94

Multiple Choice

Horizontal analysis is also called

• A) linear analysis.
• B) vertical analysis.
• C) trend analysis.
• D) common size analysis.

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Definitions:

Ending Balance

The final amount in an account at the end of a period, reflecting all transactions.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company. This includes the cost of the materials and labor directly used to create the good.

Standard Cost Variances

Differences between the expected (standard) costs of a product or service and the actual costs incurred.

Standard Cost System

A cost accounting system that uses cost standards for prices and quantities to control costs.