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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:

Dynamic

Pertains to the continuous change, activity, or progress within a process or system.

Evolving Spheres

Domains or areas that are continually changing or developing over time.

Nuclear Fusion

A reaction in which two or more atomic nuclei come very close and then collide at a high speed and join to form a new nucleus.

Light Bulb

An electric device that produces light from electricity, consisting of a filament held within a glass sphere that illuminates when current passes through it.

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