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24 25 3. What is trend analysis? 26 27 A. The comparison of results of two or more companies operating in the same industry over

24 25 3. What is trend analysis? 26 27 A. The comparison of results of two or more companies operating in the same industry over the same period. 28 B. The prediction of future outcomes based on historical data. 29 C. The examination of the company's information for multiple periods (5 years as example). 30 D. The comparison of relationships between various elements in the financial statements

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