Which One of the Following Is Not a Tool in Financial

question 39

Multiple Choice

Which one of the following is not a tool in financial statement analysis?

• A) Horizontal analysis
• B) Circular analysis
• C) Vertical analysis
• D) Ratio analysis

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Definitions:

P(A ∪ B)

The probability of the occurrence of at least one of two events, A or B, including the case where both events occur simultaneously.

Union Of Events

The set of outcomes that belong to either one or both of two or more events in probability theory.

Sample Points

Sample points are specific values or instances selected from a population or a set, which represent a portion of the population for analysis.

Independent Events

Events whose outcome or occurrence does not affect each other.