Using a Base Year as 100% and Expressing Other Years

question 60

Multiple Choice

Using a base year as 100% and expressing other years as a percentage of the base year is an example of

• A)trend analysis.
• B)vertical analysis.
• C)horizontal analysis.
• D)benchmarking.

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Definitions:

Innovative Products

Goods or services that introduce new features, technologies, or methodologies, offering new solutions to problems or addressing unmet needs.

Efficient Use

The practice of using resources in a way that maximizes productivity while minimizing waste and environmental impact.

Rural And Urban Poor

Individuals and communities in both countryside and city settings that live below the poverty line, facing challenges in accessing education, health care, and stable employment.

Developing Countries

Nations with lower levels of industrialization, income, and standards of living compared to developed countries.