Which of the following is an accurate description of horizontal analysis?
A) Horizontal analysis is the study of changes in key financial ratios from year to year.
B) Horizontal analysis is the study of percentage changes in various financial statement
amounts from year to year.
C) Horizontal analysis is the study of changes in individual financial statement amounts as a
percentage of a related base amount.
D) None of the above is an accurate description of horizontal analysis.
B
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A. Family branding B. Branded house C. Umbrella Branding D. All of these
All of the following are arguments in favor of no-fault automobile insurance EXCEPT:
a) Determination of fault is often difficult b) Claim payments are often inequitable c) Safe drivers may be penalized d) A large portion of premium dollars are used to pay legal costs