Descriptive Text That Appears in Place of a Graphic Is

question 63

Multiple Choice

Descriptive text that appears in place of a graphic is called ____ text.

• A) replacement
• B) graphic
• C) substitute
• D) alternative

---

Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial and market analysis.

Horizontal Analysis

A financial analysis technique that compares historical financial data across a series of periods to identify trends and changes.

Financial Statement Item

An individual line item or component that appears in a financial statement such as the balance sheet or income statement.

Common-size Statements

Financial statements that display line items as a percentage of a common base figure, facilitating comparisons across time periods or companies.