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Which of the following statements about vertical analysis is not true a Compares changes in reporting based on a line item within the income statement

Which of the following statements about vertical analysis is not true

a Compares changes in reporting based on a line item within the income statement or balance sheet

b Helps to identify areas that may require change or intervention

c Compares financial reporting results over multiple periods of operations

d Restates financial reporting results as a percentage of a base amount

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