1. Horiontal analysia isaechniue for evaluating aseries of financial statement data over a period of time a that has been amanged trom the lowest number to the highest number b. to determine which iteme are in error e to detemine the amount andor peroentage increase or decrease that has taken place a. that han been aranged from the highest number to the lowest number.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. Horizontal analysis is a lechnique for evaluating a series of financial statement data over a period of time
a. that has been amranged from the loweet number to the highest number.
b. to determine which iteme are in error.
C to determine the amount and/or percentage increase or decrease that has taken place
d. that has been arranged from the highest number to the lowest number
Transcribed Image Text:1. Horizontal analysis is a lechnique for evaluating a series of financial statement data over a period of time a. that has been amranged from the loweet number to the highest number. b. to determine which iteme are in error. C to determine the amount and/or percentage increase or decrease that has taken place d. that has been arranged from the highest number to the lowest number
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