Horizontal Analysis Is a Technique for Evaluating a Series of Financial

question 87

Multiple Choice

Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time

• A)that has been arranged from the highest number to the lowest number.
• B)that has been arranged from the lowest number to the highest number.
• C)to determine which items are in error.
• D)to determine the amount and/or percentage increase or decrease that has taken place.

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Definitions:

Equal

Having the same quantity, measure, or value as another.

Population

In statistics, the complete set of items or individuals considered for a survey or study.

Population Standard Deviation

A measure of the dispersion of all values in the entire population from the mean of the population.

Confidence Interval

A range of values that is believed to contain an unknown population parameter, calculated from a given set of sample data.