Which of the Following Is a Characteristic of Horizontal Analysis

question 77

Multiple Choice

Which of the following is a characteristic of horizontal analysis?

• A) Financial statement lines are expressed as a percentage of the base (earliest) year.
• B) All items are presented as a percentage of one selected item on the financial statement.
• C) A statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
• D) Ratio increases and decreases are presented for the past two accounting periods.

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Definitions:

Freedom of Thought

The right to hold or consider a fact, viewpoint, or thought, independent of others' viewpoints.

Freedom of Association

The right to join, form, or participate in any group or assembly, typically pertaining to unions, clubs, or political organizations, without interference.

Sexual Nonconformist

A sexual nonconformist is an individual whose sexual behavior, preferences, or identity do not conform to societal norms or expectations.

Deviant Personality

A personality trait or disorder characterized by behaviors that deviate significantly from societal norms or expectations.