Question : Select the correct statement:
Option 1: Comparative Statements show the changes in Percentages.
Option 2: Comparative Statements show the changes in Absolute amounts.
Option 3: Comparative Statements show the changes in Ratio.
Option 4: Both 1 and 2
Correct Answer: Both 1 and 2
Solution : Answer = Both 1 and 2
Comparative statements can show changes in percentages as well as absolute amounts. Percentages help in understanding the relative change, while absolute amounts provide a clearer picture of the actual change in monetary terms. Therefore, comparative statements can present changes in both percentages and absolute amounts for analysis.
Hence, the correct option is 4.