Which of the following statements are true? Vertical Analysis is also termed as trend analysis. When all the figures in a balance sheet are stated as percentage of the total, it is termed as horizontal analysis. When financial statements of several years are analyzed, it is termed as vertical analysis. O Horizontal analysis is also known as trend analysis.

Which of the following statements are true? Vertical Analysis is also termed as trend analysis. When all the figures in a balance sheet are stated as percentage of the total, it is termed as horizontal analysis. When financial statements of several years are analyzed, it is termed as vertical analysis. O Horizontal analysis is also known as trend analysis.

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

Which of the following statements are true?
Vertical Analysis is also termed as trend analysis.
When all the figures in a balance sheet are stated as percentage of the total, it is termed as horizontal analysis.
When financial statements of several years are analyzed, it is termed as vertical analysis.
O Horizontal analysis is also known as trend analysis.

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