In trend percentage the base year is ----------------------------
A) The first year
B) Last year
C) Any year
D) Second year
Correct Answer:
Verified
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
Q12: Trend analysis is significant for
A)Forecasting and budgeting
B)Profit
Q14: Comparative statements are a form of ---------------------------
A)Horizontal
Q15: The term financial ananlysis include both ---------
Q16: Vertical analysis is also known as ------------------
A)Dynamic
Q17: The statement prepared to disclose accounting information
Q18: ------------- gives a diagnosis of the profitability
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