This Question 2 pts 14 of 15 3 completeThis Quiz 20 pts poss

This Question: 2 pts 14 of 15 (3 complete)This Quiz: 20 pts possi.. The horizontal analysis of the balance sheet is based on the comparative balance sheet. O True O False

Solution

Yes, Horizontal analysis of the balance sheet is based on the comparative balance sheet.

So above statement that says horizontal analysis of the balance sheet is based on the comparative balance sheet is true.

So answer is true