Horizontal Analysis

question 63

Multiple Choice

Horizontal analysis:

• A) Is a method used to evaluate changes in financial data across time.
• B) Is also called vertical analysis.
• C) Is the presentation of financial ratios.
• D) Is a tool used to evaluate financial statement items relative to industry statistics.
• E) Evaluates financial data across industries.

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Definitions:

Privacy Issue

Concerns related to the protection of personal and sensitive information from unauthorized access, use, or disclosure in the digital age.

Proprietary Databases

Databases owned by a specific entity that restrict access to non-authorized users, often containing unique or sensitive information.

Accountability

A tenet of ethics that refers to determining who is responsible for actions that were taken.

Answerability

Refers to the obligation of individuals or entities to provide an explanation or justification for their actions to stakeholders or governing bodies.