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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 vertical analysis?
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Answer

The comparative analysis for one year among different units of different financial statements can be called as vertical analysis.
  • Vertical analysis is used to compare the performance of different units or departments of one year with the help of different pre determined ratios

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