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Question : …………….. analysis of financial statement is based on one year data.

Option 1: Vertical analysis

Option 2: Horizontal analysis

Option 3: Both 1 and 2

Option 4: None of the above


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Vertical analysis


Solution : Answer = Vertical analysis

Vertical analysis as a financial statement analysis such as ratios is utilised to evaluate and analyse financial statements for a specific year or period.
Hence, the correct option is 1.

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