Solved

What Is the Difficulty in Using Horizontal, Vertical, or Ratio

Question 33

Multiple Choice

What is the difficulty in using horizontal, vertical, or ratio analysis?


A) The complicated calculations required to arrive at change statements
B) Identifying the changes and speed of changes in the ratios, when the change is unexpected or unexplained
C) Knowing when a change in account balance or relationship is significant enough to signal possible fraud
D) Assessing the magnitude or significance of changes in account balances looking only at raw financial statement numbers

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents