Which of the Following Types of Financial Statement Analysis Would

question 97

Multiple Choice

Which of the following types of financial statement analysis would be used to see how a company's operating expenses as a percentage of net sales have changed from one year to the next?

• A)vertical analysis
• B)horizontal analysis
• C)ratio analysis
• D)analysis of internal control system

---

Definitions:

Attitude

A settled way of thinking or feeling about something, typically reflected in a person's behavior.

Spirit

Refers to the non-physical part of a person which is the seat of emotions and character; often used metaphorically to describe morale or ethos.

Networks

Systems of interconnected people or things, often used for communication, sharing information, or facilitating connections.

Values

Core beliefs or standards that guide the behavior and decision-making of an individual or organization.