Multiple Choice
Which of the following is true of horizontal analysis?
A) The percentages of change can be added or subtracted from top to bottom.
B) The current year is always the base year.
C) The amounts of increase or decrease can be added or subtracted in the column from top to bottom and will give correct subtotals at each point.
D) The amounts and percentages of increase or decrease can be added and subtracted vertically in a column.
Correct Answer:
Verified
Correct Answer:
Verified
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