Question Content Area

Horizontal analysis is an analysis:

a$.$ of percentage changes of financial statements' line items over two or more years.

b$.$ of all ratios that increased or decreased over past accounting periods.

c$.$ in which all items are presented as a percentage of one selected item on a financial statement.

d$.$ in which a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.