Which One of the Following Is Not a Tool Used

question 95

Multiple Choice

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

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

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Definitions:

Billing Date

The date on which the bill or invoice for goods or services is generated or issued.

Credit Period

The length of time a buyer is given to pay for goods or services received, often without incurring interest.

Discount Period

The time frame between the date of a bill of exchange or a deferred payment and its maturity date, when it becomes payable at a reduced rate.

Economic Order Quantity

A formula used in inventory management for determining the optimal order size that minimizes the total costs of holding and ordering inventory.