Select the term below most properly satisfies each statement.
-A comparison of financial statement items over a period of time
A)total assets
B)horizontal analysis
C)vertical analysis
D)net sales

Question

Quizplus · Accepted Answer

Horizontal analysis is the comparison of financial statement items over a period of time, such as from one year to the next. Total assets and net sales are specific line items on financial statements, and vertical analysis is the comparison of different line items within a single period.

Select the Term Below Most Properly Satisfies Each Statement