Question: Horizontal analysis is looking at the changes in the account balances reported on a financial statement over time. preparing an analysis of the profitability ratios

Horizontal analysis is

looking at the changes in the account balances reported on a financial statement over time.

preparing an analysis of the profitability ratios in columns.

looking at the changes in the account balances within a financial statement for one year.

looking at the changes in the account balances within a financial statement for three years.

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