SELECT * FROM question_mgmt as q WHERE id=10417 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=51 AND chapterId=360 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th accountancy-company-accounts-and-analysis-of-financial-statements Analysis of Financial Statement distinguish between vertical and horizontal analys

Question:

Distinguish between Vertical and Horizontal Analysis of financial data.

Answer:

In Horizontal Financial Analysis, the comparison is made between an item of
financial statement, with that of the base years corresponding item. On the other hand, in Vertical Financial Analysis, an item of the financial statement is
compared with the common item of the same accounting period.


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