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

Question : …………. financial statement analysis is dynamic.

Option 1: Vertical analysis

Option 2: Horizontal analysis

Option 3: Both 1 and 2

Option 4: None of the above

Question : …………. financial statement analysis is dynamic.

Option 1: Vertical analysis

Option 2: Horizontal analysis

Option 3: Both 1 and 2

Option 4: None of the above

Question : ---------- requires a financial statement of one period.

Option 1: Horizontal Analysis

Option 2: Vertical Analysis

Option 3: Both 1 and 2

Option 4: None of the above

Question : Choose which of the following statements is correct?

Option 1: Horizontal Analysis requires financial statements of two or more accounting periods.

Option 2: Vertical Analysis requires financial statement of one period.

Option 3: Both 1 and 2

Option 4: None of the above