A Horizontal Analysis Is Being Conducted with Year One as the Base

question 16

Multiple Choice

A horizontal analysis is being conducted with year one as the base year.If year one equals $900, year two equals $960, and year three equals $995, the percentage of the base period for year three is

• A)89%.
• B)100%.
• C)106%.
• D)111%.

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Definitions:

Easily Recognized

Easily identified or acknowledged due to distinct characteristics or features.

Physiological Change

Alterations in the normal functions of the body, which can be due to various factors including stress, disease, and environmental changes.

Emotional Episode

A sequence of emotional reactions occurring in response to a specific event or situation.

Vary

To change or alter in form, appearance, or nature, often in a slight way, leading to variations within a group or patterns.