Select the term below most properly satisfies each statement.
-A comparison of financial statement items within a single period
A)total assets
B)horizontal analysis
C)vertical analysis
D)net sales

Question

Quizplus · Accepted Answer

Vertical analysis involves comparing financial statement items within a single period by expressing each item as a percentage of a base amount (such as total assets or net sales).

Select the Term Below Most Properly Satisfies Each Statement