Question:
Comparative Statements are also known as:
Comparative Statements are also known as:
Show Hint
Remember:
- Comparative = Horizontal (year-wise comparison)
- Common-size = Vertical (percentage of total)
Updated On: Jan 16, 2026
- Horizontal Analysis
- Ratio Analysis
- Cash Flow Analysis
- Vertical Analysis
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Understanding Comparative Statements.
Comparative statements show financial data for two or more years side by side, allowing comparison across time. Step 2: Alternate term.
This type of analysis that evaluates changes over different periods is called Horizontal Analysis — hence, comparative statements are also known as horizontal analysis.
Comparative statements show financial data for two or more years side by side, allowing comparison across time. Step 2: Alternate term.
This type of analysis that evaluates changes over different periods is called Horizontal Analysis — hence, comparative statements are also known as horizontal analysis.
Was this answer helpful?
0
0
Top Questions on Financial Statement Analysis
- The following information is obtained from the books of Devdutt Ltd. : Working capital - ₹ 4,00,000
Trade Payables - ₹ 50,000
Other Current liabilities - ₹ 1,00,000
Current assets of Devdutt Ltd. are :- CBSE CLASS XII - 2026
- Accountancy
- Financial Statement Analysis
- From the following information obtained from the books of accounts of Ananda Ltd., calculate 'Quick Ratio' of the company: Total Current Assets (including stock and prepaid expenses) ₹ 2,00,000; Stock ₹ 20,000; Prepaid expenses ₹ 10,000; Current liabilities ₹ 1,70,000.
- CBSE CLASS XII - 2026
- Accountancy
- Financial Statement Analysis
- 'Analysis of financial statements is useful and significant to different users.' Which of the following users is concerned with a firm's long-term solvency and survival?
- CBSE CLASS XII - 2026
- Accountancy
- Financial Statement Analysis
- Which of the following is not a tool of financial statement analysis?
- JKBOSE XII - 2026
- Accountancy
- Financial Statement Analysis
- List any three features of a 'Cash Flow Statement'.
- NBSE Class XII - 2026
- Accountancy
- Financial Statement Analysis
View More Questions
Questions Asked in CUET exam
- Find the ratio of de-Broglie wavelengths of deuteron having energy E and \(\alpha\)-particle having energy 2E :
- CUET (UG) - 2026
- Dual nature of radiation and matter
- Match List-I with List-II \[ \begin{array}{|l|l|} \hline \textbf{Solutions} & \textbf{Explanation} \\ \hline (A) \; \text{Saturated solution} & (I) \; \text{Solution having two components.} \\ \hline (B) \; \text{Isotonic solutions} & (II) \; \text{A solution whose osmotic pressure is more than that of another.} \\ \hline (C) \; \text{Binary solution} & (III) \; \text{A solution which contains the maximum amount of solute that can be dissolved in a given amount of solvent at a given temperature.} \\ \hline (D) \; \text{Hypertonic solution} & (IV) \; \text{The solutions having the same osmotic pressure at a given temperature.} \\ \hline \end{array} \]
- CUET (UG) - 2025
- General Chemistry
- Let A = [aij]n x n be a matrix. Then Match List-I with List-II
List-I
(A) AT = A
(B) AT = -A
(C) |A| = 0
(D) |A| $\neq$ 0
List-II
(I) A is a singular matrix
(II) A is a non-singular matrix
(III) A is a skew symmetric matrix
(IV) A is a symmetric matrix
Choose the correct answer from the options given below:- CUET (UG) - 2025
- Matrices and Determinants
- 5, 10, 17, 26, ?, 50 — Find the missing number.
- CUET (UG) - 2025
- Number Series
- The atomic number of Lanthanum is 57. Its electronic configuration will be ......
- CUET (UG) - 2025
- General Chemistry
View More Questions