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Which of the following statements are true about Horizontal Analysis?

A) It does not examine the periodical trend.
B) It is useful for long-term analysis.
C) It is useful for long –term planning.

A. Both A and B

B. Both A and C

C. Both B and C

D. A, B, C

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above