In vertical analysis
A)a base amount is required.
B)a base amount is optional.
C)the same base is used across all financial statements being analyzed.
D)the results of the horizontal analysis are necessary inputs for vertical analysis.

Question

Quizplus · Accepted Answer

In vertical analysis, a base amount is required to express each item in the financial statement as a percentage of that base amount, such as total assets or total sales.

In Vertical Analysis