Financial statements with data for two or more successive accounting periods placed in columns side by side, sometimes with changes shown in dollar amounts andpercentages, are:
A) Cost statements.
B) Successive statements.
C) Position statements.
D) Controlling statements.
E) Comparative statements.

Question

Quizplus · Accepted Answer

Comparative statements present financial data for multiple periods side by side, allowing for easy comparison of financial performance over time.

Financial Statements with Data for Two or More Successive Accounting