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Exam CFE - Financial Transactions and Fraud Schemes All Questions

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Exam CFE - Financial Transactions and Fraud Schemes topic 1 question 39 discussion

Vertical analysis can BEST be described as:

  • A. A technique for measuring the relationship between any two different financial statement amounts
  • B. A technique for comparing the performance of a parent company to one of its subsidiaries
  • C. A technique for analyzing the relationships among financial statement items where components are expressed as percentages of a specified base value.
  • D. A technique for analyzing the percentage change in individual financial statement line items from one accounting period to the next accounting period.
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Suggested Answer: C 🗳️

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AML_1234
1 month ago
Selected Answer: C
analyzing the relationships among financial statement items where components are expressed as percentages of a specified base value.
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