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18. Horizontal analysis a) is financial statement data that is viewed horizontally from the right to left across time. b) requires the financial statement data

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18. Horizontal analysis a) is financial statement data that is viewed horizontally from the right to left across time. b) requires the financial statement data under analysis to be divided by the base amount in that financial statement. c) is financial statement data that is viewed vertically from top to bottom within the same period of time. d) is always used for intercompany comparisons

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