Horizontal analysis is a technique for evaluating financial statement data
A) for one period of time
B) over a period of time
C) on a certain date
D) as it may appear in the future

Question

Quizplus · Accepted Answer

Horizontal analysis involves comparing financial statement data over a period of time, typically multiple years, to identify trends and changes in a company's performance. Thus, option B is the correct choice. Options A, C, and D are incorrect because they do not accurately describe the focus of horizontal analysis.

Horizontal Analysis Is a Technique for Evaluating Financial Statement Data