Year to Year Percentage Changes in Line Items from Comparative

question 23

Multiple Choice

Year to year percentage changes in line items from comparative financial statements is called:

• A)benchmarking.
• B)horizontal analysis.
• C)vertical analysis.
• D)common-size financial statements.

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Definitions:

Aerial Perspective

A depth cue that involves the observation of distant objects appearing less sharp and usually bluer than nearer objects, due to the scattering of light through the atmosphere.

Convergence

The coming together of two or more things to merge or intersect, often referred to in the context of ideas, forces, or physical objects.

Perception

The process of organizing, identifying, and interpreting sensory information to represent and understand the environment or an event.

Sensory Information

Data obtained by the senses, which play a crucial role in allowing the brain to understand and interact with the environment.