Which of the following types of analysis allows for the comparison of financial statement items between companies of different size? a. Horizontal approach b. Vertical approach c. Diagonal approachd. Circular approachAnswer: b

Answer :

Option B is the correct answer. A vertical analysis allows for the comparison of financial statement items between companies of different sizes.

What is a vertical analysis?

  • Vertical investigation may be a strategy for dissecting budgetary explanations when each line thing is recorded as a rate of a base amount.
  • An income statement with a common size is one in which, to facilitate analysis, each line item is expressed as a percentage of sales.

What is difference between vertical and horizontal?

  • Horizontal analysis contrasts a specific financial statement with other periods or the cross-sectional examination of one company against another company, whereas vertical analysis analyses a specific financial statement using only one base financial statement of the reporting period.

Option B is the correct answer. A vertical approach allows for the comparison of financial statement items between companies of different sizes.

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