Practice Horizontal Analysis (3.4.2) - Financial Statement Analysis – ICSE Class 12
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Horizontal Analysis

Practice - Horizontal Analysis

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is horizontal analysis?

💡 Hint: Focus on the comparison aspect.

Question 2 Easy

Define comparative financial statements.

💡 Hint: Think of year-to-year comparisons.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does horizontal analysis primarily involve?

Comparing financial data from different periods
Analyzing data from a single period
Using ratios for analysis

💡 Hint: Recall that it deals with time-based comparisons.

Question 2

True or False: Horizontal analysis only focuses on the current year’s data.

True
False

💡 Hint: Think about the nature of the analysis.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

If a company's net profit for the years 2021, 2022, and 2023 were ₹1,00,000, ₹1,50,000, and ₹2,00,000, create a horizontal analysis and suggest two actions the company might take based on these findings.

💡 Hint: Calculate the growth and consider strategic responses to positive trends.

Challenge 2 Hard

Analyze a scenario where a company’s sales decreased from ₹2,00,000 in 2021 to ₹1,50,000 in 2022. Propose recommendations based on your horizontal analysis.

💡 Hint: Focus on identifying the cause of the decline and target areas for improvement.

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