Horizontal Analysis Is Analysis in Which

Multiple Choice

Horizontal analysis is analysis in which

A) financial statement lines are expressed as a percent of the base (earliest) year.
B) all items are presented as a percentage of one selected item on the financial statement.
C) a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
D) ratio increases and decreases are presented for the past two accounting periods.