Each year, managers at Super Socks compare their current financial ratios with the numbers from the previous two years. This is referred to as what kind of analysis?
A) industry average analysis
B) benchmarking analysis
C) time continuum analysis
D) trend analysis

Question

Quizplus · Accepted Answer

Comparing current financial ratios with those from previous years to identify patterns or trends over time is known as trend analysis. This helps in understanding how the financial performance of a company is changing over a period.

Each Year, Managers at Super Socks Compare Their Current Financial