Multiple Choice
Which of the following statements about horizontal analysis is correct?
A) it requires a minimum of 3 years of data to provide meaningful analysis.
B) it compares numbers reported on a financial statement to others on the same statement.
C) it compares numbers reported on the financial statements in the current period with those from the previous period.
D) it determines the profitability of an entity.
Correct Answer:
Verified
Correct Answer:
Verified
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