Download App

P2 C4 ANALISIS OF FINANCIAL STATEMENT — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C4 ANALISIS OF FINANCIAL STATEMENT1 Mark
Question
What is horizontal analysis?
✓

Answer

The comparison of financial statements of different years is known as horizontal analysis.
  • Horizontal analysis is done for long term planning and it is useful to know the current trend. This analysis is known as time series analysis.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from P2 C4 ANALISIS OF FINANCIAL STATEMENT→P2 C4 ANALISIS OF FINANCIAL STATEMENT — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Are financial expenses included to determine operating ratio?
→
Explain the meaning of gain share.
→
Give two illustrations stating cash flow from operations of financial company.
→
Write formula to find interest coverage ratio.
→
To which account, interest on loan paid to partner is to be debited?
→
Which type of relation exists between current assets and cash/cash equivalent ?
→
In the fixed capital account method, to which account interest on capital be credited?
→
In which forms ratios can be presented?
→
At the time of dissolution to which account depreciation fund shown in the balance sheet is transferred?
→
Write the formula of collection period in days.
→