For a given account,both the amount of the change from one year to the next and the percentage change are needed to recognize trends and understand their true meaning.

Question

Quizplus · Accepted Answer

Both the amount and percentage change are needed to fully understand trends and their significance. For example, a $100 increase may seem significant, but if the original amount was only $1000, then it represents a 10% increase, which is much more significant.

For a Given Account,both the Amount of the Change from One