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easyMCQCUET Accountancy 2022 8 Aug Shift 22026Accountancy
1 mark

Comparative statements are the form of:

  1. A
    horizontal analysis
  2. B
    vertical analysis
  3. C
    horizontal analysis and vertical analysis both
  4. D
    none of the above

Solution & Step-by-step Explanation

Comparative statements show the financial data for two or more years side by side, which is a form of horizontal analysis.

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Comparative statements are the form of:
A
horizontal analysis
B
vertical analysis
C
horizontal analysis and vertical analysis both
D
none of the above

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