The Study of an Individual Item or Account Over Several

question 86

Multiple Choice

The study of an individual item or account over several periods in the same financial year or over many years is known as:

• A)Liquidity analysis
• B)Ratio analysis
• C)Vertical analysis
• D)Horizontal analysis

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Definitions:

Profit & Loss Statement

A financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, typically a fiscal quarter or year.

Edit Pencil

This term likely refers to a tool or feature in software applications used for making amendments or corrections.

Enable Account Numbers

The process of assigning unique identifiers to accounts within an accounting system to facilitate organization and tracking.

Show Account Numbers

A functionality in software or systems that displays the numerical identifiers associated with specific accounts for easy reference.