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What Is Horizontal Analysis,and Why Is It Useful in Performing

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What is horizontal analysis,and why is it useful in performing financial performance measurement?


Definitions:

Virtual Team

A group of people who work together from different geographic locations, relying on communication technology.

Geographically Disperse

Describes entities, such as employees or resources, that are spread out across a wide geographic area.

Organizational Context

The environment or setting in which a company or entity operates, including its culture, structure, and external influences.

Collective Responsibility

The principle or practice of holding a group collectively accountable for the actions and consequences of its members.

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