Horizontal analysis can be used in fraud detection by:
A) Checking the trend in earnings from year to year of persons suspected of fraud.
B) Looking for significant changes in financial statement amounts and ratios across several fiscal periods.
C) Looking for odd relations of one account to a base such as sales.
D) Looking for the change in net worth of a suspect from the beginning to the end of a period.
Correct Answer:
Verified
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