Examlex
Select the correct name for the following compound.
Vertical Analysis
A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) or income and expenses is represented as a proportion of a total account.
Accounts Receivable
Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.
Horizontal Analysis
Horizontal analysis is a financial analysis technique that compares historical financial data across different periods, to identify trends and growth patterns by analyzing changes in line items.
Base Year Amount
A reference value of an economic indicator or financial metric used for comparison over time, typically set in a specific starting year.
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