Question:
Comparative Statements are also known as:
Comparative Statements are also known as:
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Remember:
- Comparative = Horizontal (year-wise comparison)
- Common-size = Vertical (percentage of total)
Updated On: Mar 26, 2026
- Horizontal Analysis
- Ratio Analysis
- Cash Flow Analysis
- Vertical Analysis
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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.
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