Vertical analysis cannot be done on a comparative statement.

Name: Vertical analysis cannot be done on a comparative statement.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Vertical analysis can be done on a comparative statement as it involves evaluating the relationship between different items within a single financial statement over a period of time. Horizontal analysis, on the other hand, involves comparing financial statements of a company for different periods, and cannot be done on a single statement.

Vertical Analysis Cannot Be Done on a Comparative Statement