1. Horiontal analysia isaechniue for evaluating aseries of financial statement data over a period of time a that has been amanged trom the lowest number to the highest number b. to determine which iteme are in error e to detemine the amount andor peroentage increase or decrease that has taken place a. that han been aranged from the highest number to the lowest number.

1. Horiontal analysia isaechniue for evaluating aseries of financial statement data over a period of time a that has been amanged trom the lowest number to the highest number b. to determine which iteme are in error e to detemine the amount andor peroentage increase or decrease that has taken place a. that han been aranged from the highest number to the lowest number.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1. Horizontal analysis is a lechnique for evaluating a series of financial statement data over a period of time
a. that has been amranged from the loweet number to the highest number.
b. to determine which iteme are in error.
C to determine the amount and/or percentage increase or decrease that has taken place
d. that has been arranged from the highest number to the lowest number

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