Time-series analysis helps identify financial trends
A)across companies at a single point in time.
B)across business units at a single point in time.
C)over time for a single company or business unit.
D)among the companies that comprise an industry group.

Question

Quizplus · Accepted Answer

Time-series analysis involves examining data over time to identify trends, patterns, and cycles. Therefore, it is best suited to analyze financial trends over time for a single company or business unit. Options A, B, and D focus on analyzing financial data at a single point in time or across multiple companies, making them less relevant to time-series analysis.

Time-Series Analysis Helps Identify Financial Trends