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Using the previous year’s data of a business enterprise, percentage changes in selected data may be observed over time by using :
Question

Using the previous year’s data of a business enterprise, percentage changes in selected data may be observed over time by using :

A.

Trend Analysis

B.

Ratio Analysis

C.

Comparative Analysis

D.

Cash Flow Analysis

Correct option is A

Trend Analysis involves using previous years' data to observe percentage changes over time. It helps in understanding the direction and rate of trends in financial data, providing insights into the company's performance and future prospects.

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