Question: FMVA Program Assessment 2 h 3 9 min Exit Exam 1 5 out of 5 0 Which of the following is NOT true about horizontal

FMVA Program Assessment
2 h 39 min
Exit Exam
15 out of 50
Which of the following is NOT true about horizontal or vertical analysis?
Horizontal analysis is usually performed after vertical analysis is complete.
Vertical analysis evaluates financial statement by expressing each line item as a percentage of the base amount for that period.
It is ideal to perform horizontal analysis over a period of at least five years to see the overall trend.
Vertical analysis allows the comparison between financial ratios over a certain time period.
FMVA Program Assessment 2 h 3 9 min Exit Exam 1 5

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