When You Add a New Row, the Data Shifts Up

question 35

True/False

When you add a new row, the data shifts up a row.

---

Definitions:

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.

Horizontal Analysis

A financial analysis technique that compares historical financial information over a series of reporting periods, to observe trends and changes over time.

Financial Statement Data

Information found in financial statements that provides insights into a company's financial condition, including balance sheet, income statement, and cash flow statement data.

Inventory Turnover Ratio

A performance metric that shows how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.