Which of the Following Statements Is True Regarding Vertical Analysis

question 120

Multiple Choice

Which of the following statements is true regarding vertical analysis?

• A)Common-size financial statements can be used to compare businesses of different sizes.
• B)Vertical analysis can only be used with balance sheet accounts.
• C)Vertical analysis can only be used with income statement accounts.
• D)Vertical analysis can only be used with retained earnings accounts.

---

Definitions:

Anticoagulants

Medications used to prevent blood clots by inhibiting the clotting factors or their action.

Nonpharmacological Approach

Interventions or treatments that do not involve the use of medication, often utilized to manage pain or psychological conditions.

Guided Imagery

Guided imagery is a relaxation and mental wellness technique that involves visualizing peaceful scenes or experiences to reduce stress and improve well-being.

Distraction

A technique or measure used to divert attention away from something, often to reduce pain or distress.