Which of the Following Statements About Financial Statement Analysis Is

question 29

Multiple Choice

Which of the following statements about financial statement analysis is not true?

• A)In horizontal percentage analysis,an item from the financial statements is expressed as a percentage of the same item from a previous year's financial statements.
• B)Vertical analysis compares two or more financial statement items within the same time period.
• C)Horizontal analysis for several years can be done by choosing one year as a base year and calculating increases or decreases in relation to that year.
• D)The reason behind a financial statement ratio or percentage analysis result is usually self-evident and does not require further study or analysis.

---

Definitions:

Women Experience

The diverse perceptions, challenges, and life situations uniquely faced by women due to their gender.

Malicious Following

Intentionally following or monitoring someone in a harmful or malevolent manner, typically online.

Stalking

A pattern of unwanted, harassing, or threatening behavior towards another person, causing fear or distress.

Harassing

Engaging in aggressive pressure or intimidation, often persistently targeting a specific individual or group.