Question:medium

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: Grasping Comparative Statements.
Comparative statements present financial figures for multiple years concurrently for temporal comparison.Step 2: Alternative Terminology.
This method of assessing shifts across distinct periods is termed Horizontal Analysis, meaning comparative statements are synonymous with horizontal analysis.
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