Question

Comparative analysis is also known as ______ analysis.

Options

• Impact of horizontal line

• Impact of vertical line

• Both of these

• None of these

Answer 1

Comparative analysis is also known as impact of horizontal line analysis.

Explanation:

These are statements that reflect a company's profitability and financial condition over time in a comparison format to offer an overview of the status over two or more periods. It usually refers to the two most important financial statements, the comparative Balance Sheet and Income Statement. Horizontal analysis is another name for this type of analysis.