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easyMCQCUET Accountancy 2022 8 Aug Shift 22026Accountancy
1 mark

Vertical analysis uses financial data of a company for:

  1. A
    several years
  2. B
    one year
  3. C
    two years
  4. D
    none of these

Solution & Step-by-step Explanation

Vertical analysis generally evaluates a single financial statement for one year by expressing each item as a percentage of a base figure.

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Vertical analysis uses financial data of a company for:
A
several years
B
one year
C
two years
D
none of these

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