Using Horizontal Analysis,if the Base Year Is Negative and the Following

question 94

True/False

Using horizontal analysis,if the base year is negative and the following year is positive,the percentage change is just as useful as if the base year and the following year were both positive.If the base year is negative and the following year is positive,the percentage change is not useful.

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Definitions:

Vastly Underestimate

To significantly underrate the size, value, importance, or capability of someone or something.

Relay

A system or process in which information, data, or objects are passed along through a series of stations or individuals until the final destination is reached.

Cluster Chain

A series of events, ideas, or objects grouped together due to their connection or relation to one another.

Grapevine

Informal communication channels within organizations where information, rumors, and unofficial news spread among employees.