Question : ------------ requires financial statements of two or more accounting periods.

Option 1: Horizontal Analysis

Option 2: Vertical 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 : …………. 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 : Horizontal analysis reviews and analyses financial statements of ………….

Option 1: Ignores price level changes

Option 2: Two or more accounting period

Option 3: Either 1 and 2

Option 4: None of the above