When Horizontal Analysis Is Used to Measure the Percentage Change

question 45

Multiple Choice

When horizontal analysis is used to measure the percentage change between any two periods of time, this is known as

• A) horizontal percentage of the base-period amount.
• B) horizontal analysis period amount.
• C) horizontal base period amount.
• D) horizontal percentage change for period.

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Definitions:

Probability

A gauge for predicting the chance that an event will happen, expressed in numbers that fall within 0 and 1.

Power Consumption

The amount of energy consumed by a device or system in a given period.

Standard Deviation

An indicator employed to assess the degree of scatter or diversity among values in a data set.

Hypothesis Test

A statistical method that uses sample data to evaluate a hypothesis about a population parameter.