Asked by Tristan Jansen on May 04, 2024
Verified
The analysis of increases and decreases in the amount and percentage of comparative financial statement items is referred to as horizontal analysis.
Comparative Financial Statement
Financial reports that present a company’s financial performance across different periods, allowing for comparison and analysis of trends.
- Acquire an understanding of the foundational theories and practices in horizontal and vertical financial analysis.
- Understand the methodology for comparing financial data across different time periods or among different companies.
Verified Answer
TA
Tahmid Ahmed ChowdhuryMay 06, 2024
Final Answer :
True
Explanation :
Horizontal analysis compares financial statement items over a period of time to determine changes in the amount and percentage.
Learning Objectives
- Acquire an understanding of the foundational theories and practices in horizontal and vertical financial analysis.
- Understand the methodology for comparing financial data across different time periods or among different companies.
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