Horizontal analysis is a beneficial method of evaluating corporate performance because: a. It compares financial statement line

Question:

Horizontal analysis is a beneficial method of evaluating corporate performance because:

a. It compares financial statement line items to a base amount

b. It helps to determine key relationships between financial statement line items

c. It identifies changes between the financial statements over time

d. It focuses on identifying key internal controls and identifies discrepancies

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...

Fantastic news! We've Found the answer you've been seeking!