Horizontal analysis : a. Is a technique for evaluating a series of financial statement data over a period of time. b. Is also known as trend analysis c. Is used to determine the increase or decrease that has taken place. d. Is expressed as either an amount or a percentage. e. All of the above.

Horizontal analysis : a. Is a technique for evaluating a series of financial statement data over a period of time. b. Is also known as trend analysis c. Is used to determine the increase or decrease that has taken place. d. Is expressed as either an amount or a percentage. e. All of the above.

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

Horizontal analysis :

a. Is a technique for evaluating a series of financial statement data over a period of time.

b. Is also known as trend analysis

c. Is used to determine the increase or decrease that has taken place.

d. Is expressed as either an amount or a percentage.

e. All of the above.

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