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Question
Which of the following statements are false?
- When all the comparative figures in a balance sheet are stated as percentage of the total, it is termed as horizontal analysis.
- When financial statements of several years are analysed, it is termed as vertical analysis.
- Vertical Analysis is also termed as time series analysis.
Options
Both (a) and (b)
Both (a) and (c)
Both (b) and (c)
All three (a), (b), (c)
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Solution
All three (a), (b), (c)
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