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In vertical analysis: a . the same base is used across all financial statements analyzed. b . the results of horizontal analysis are necessary inputs
In vertical analysis:
a the same base is used across all financial statements analyzed.
b the results of horizontal analysis are necessary inputs for performing the analysis.
c a base financial statement line item is optional.
d a base financial statement line item is required.
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
