Question: In vertical analysis: a . the same base is used across all financial statements analyzed. b . the results of horizontal analysis are necessary inputs

In vertical analysis:
a. the same base is used across all financial statements analyzed.
b. the results of horizontal analysis are necessary inputs for performing the analysis.
c. a base financial statement line item is optional.
d. a base financial statement line item is required.
In vertical analysis: a. the same base is used across all

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