Common Size Statements are also known as:
(
This question was previously asked in
Shift 28/05/2023 3:30 PM - 6:30 PM
A
Dynamic analysis
B
Horizontal analysis
C
Vertical analysis
D
External analysis
Correct Answer
Vertical analysis
Detailed Explanation
Common Size Statement or Vertical Analysis is a method used to analyze financial statements by expressing each item in the statement as a percentage of a base amount. This allows for the comparison of items of different sizes within the same company or between different companies. By expressing items in the financial statement as percentages of the total or some common base, one can easily compare the financial statements of different companies.
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