57. Horizontal Analysis is also known as: (a) Dynamic Analysis (b) Structural Analysis (c) Static Analysis (d) None of these noct commonly used tools for financial
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Answer:
D) none of these
Explanation:
It's correct answer is trend analysis
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Answer: [d] None of these
Horizontal analysis is also referred to as trend analysis. Assume that the base year for analysis is three years earlier. All of the amounts on the balance sheets and the income statements for analysis will be expressed as a percentage of the base year amounts.
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