Horizontal analysis
A)is financial statement data that is viewed horizontally from the right to left across time.
B)requires the financial statement data under analysis to be divided by the base amount in that financial statement.
C)is financial statement data that is viewed vertically from top to bottom within the same period of time.
D)is always used for intercompany comparisons.

Question

Quizplus · Accepted Answer

Horizontal analysis involves comparing financial statement data across different periods, which is typically viewed from left to right (not right to left as stated), to identify trends and changes over time.

Horizontal Analysis