Horizontal Analysis

question 63

Multiple Choice

Horizontal analysis:

• A) Is a method used to evaluate changes in financial data across time.
• B) Is also called vertical analysis.
• C) Is the presentation of financial ratios.
• D) Is a tool used to evaluate financial statement items relative to industry statistics.
• E) Evaluates financial data across industries.

---

Definitions:

Writing System

A set of visible or tactile signs used to represent units of language in a systematic way.

Babylon

An ancient city located in Mesopotamia, historically significant for its contributions to law, architecture, and literature.

Environment

The surrounding conditions and elements in which an organism operates, including natural, social, and built factors that influence life.

State Societies

Societies that have a formal central government, social stratification, and complex political, economic, and legal institutions.