Horizontal Analysis Is Performed When

question 2

Multiple Choice

Horizontal analysis is performed when:

• A)total assets are set at 100% and all other balances are a percentage of total assets.
• B)the percentage change in the balance sheet and income statement numbers is computed for one period to the next.
• C)there is a need to calculate and compare key ratios from period to period.
• D)detecting fraud through financial statements demands calculation of key ratios and comparing them from period to period.

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Definitions:

Electrical Stimulation

The use of electrical impulses to induce muscle contraction, stimulate nerves, or influence brain activity, often used in medical treatment and physical therapy.

Gustav Fritsch

A 19th-century German neuroanatomist and physiologist known for his pioneering research in the field of neurology and the physiology of the brain.

Eduard Hitzig

A 19th-century neurologist who made pioneering contributions to the understanding of the brain's electrical activity and function.

Motor Cortex

The region of the cerebral cortex involved in the planning, control, and execution of voluntary movements.