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:

Goods

Physical items that are produced, bought, or sold, typically in the context of commerce.

Fraudulent Appropriation

The illegal act of taking something that belongs to someone else for one's own use, under false pretenses or through deceit.

Receiving Stolen Goods

The crime of knowingly possessing, purchasing, or accepting property that has been unlawfully obtained.

Property

Assets or possessions that belong to an individual or entity, which can be tangible or intangible in nature.