Asked by Tommy Grias on May 20, 2024
Verified
Horizontal analysis is used to reveal patterns in data covering successive periods.
Horizontal Analysis
A financial analysis technique that compares line items in financial statements over a series of periods to identify trends and growth patterns.
- Acquire knowledge on the usage of trend percents in financial statement evaluation.
Verified Answer
SR
Sidney RyannMay 24, 2024
Final Answer :
True
Explanation :
Horizontal analysis is a technique used to compare data over consecutive periods to reveal any trends or patterns.
Learning Objectives
- Acquire knowledge on the usage of trend percents in financial statement evaluation.
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