Which of he following is not true, even if just one statement is not true, for vertical and horizontal analysis, VA and HA. A. We use VA is to observe whether changes are small, as they are expected to be without fraud. Typically HA will have very large changes for most frauds. B. We use HA is to observe whether changes are very small, as they are expected to be with fraud. Typically VA will have very large changes for most frauds. C. In a down economic cycle we would expect the vertical percentages to remain the same but horizontal percentages to be larger in absolute size D. Only answers b and c apply