Horizontal Analysis shows the comparison of data for several years against a chosen ---------------- year.
A) Base year
B) Previous year
C) Financial year
D) Calender year
Correct Answer:
Verified
Q2: Vertical analysis is made to review and
Q3: Comparison of financial variables of a firm
Q4: Interpretation requires analysis and ----------------------------------
A)Comaprison
B)Determination
C)Decision Making
D)Conclusion
Q5: The process of deriving conclusions from the
Q6: Common size Income Statement present the various
Q7: External analysis is based on ------------- financial
Q8: Financial Statements provide a summary of --------------------------
A)Accounts
B)Assets
C)Liabilities
D)Expenses
Q9: When financial statements for a number of
Q10: When ratios are calculated from the financial
Q11: Horizontal analysis is also known as -----------------------
A)Static
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