Horizontal Analysis Refers To

question 7

Multiple Choice

Horizontal analysis refers to:

• A)the trend of income from year to year of persons suspected of fraud.
• B)changes of financial statement numbers and ratios across several years.
• C)financial statement amounts expressed each year as a proportion of a base amount.
• D)the change in a suspect's net worth from the beginning to the end of a period.

---

Definitions:

Prediction Equation

A mathematical formula used to forecast future values based on current or historical data.

Exponential Smoothing

A time series forecasting method for univariate data that applies exponentially decreasing weights over past observations.

Weight

In statistical contexts, weight refers to a coefficient assigned to data points or parameters indicating their importance or relevance in the analysis.

Liquor Sales

The total volume or amount of alcoholic beverages sold within a given timeframe, often analyzed for economic or regulatory purposes.