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प्रश्न
State whether the following is True or False:
Comparative statements are a form of horizontal analysis.
सत्य या असत्य
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उत्तर
This statement is true.
Explanation:
Comparative statements compare the financial data of two or more accounting years side by side. This allows an enterprise to review increases or decreases in performance across a horizontal line from left to right, making it a classic form of horizontal analysis.
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