____ involves examining percentage changes in account balances from period to period.
A)Horizontal analysis
B)Vertical analysis
C)Statement mapping
D)Variance analysis

Question

Quizplus · Accepted Answer

Horizontal analysis involves examining percentage changes in account balances from period to period. Vertical analysis involves expressing each line item on the financial statements as a percentage of a relevant base amount. Statement mapping involves visually organizing financial statement information to identify relationships and trends. Variance analysis involves comparing actual financial results to budgeted or expected results to identify and analyze differences.

____ Involves Examining Percentage Changes in Account Balances from Period