Answered

IDNLearn.com provides a seamless experience for finding the answers you need. Get comprehensive and trustworthy answers to all your questions from our knowledgeable community members.

Horizontal analysis ______. Multiple choice question. identifies the relative contribution made by each financial statement line item is used to identify trends over time provides an understanding of the relationships among various items on financial statements

Sagot :

Ogorwyneidn

Horizontal analysis is used to identify trends overtime.

Horizontal analysis is also referred to as trend analysis. It is a situation whereby there is a comparison of financial statements to show performance over a given time period.

It helps by spotting financial trends over a specific period of time. The analysis is done horizontally over time periods unlike the vertical that is done vertically on the columns.

Read more on https://brainly.com/question/14186894?referrer=searchResults

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com has the solutions you’re looking for. Thanks for visiting, and see you next time for more reliable information.