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The comparison of net profit with the sales of the same year is:

Accounting MCQs FPSC Past Papers Pakistan Military Accounts Department (PMAD) Senior Auditor (SA)

The comparison of net profit with the sales of the same year is:

August 28, 2021 Admin No Comments

A: Horizontal comparison
B: Both B & C
C: Vertical comparison
D: None of these
Correct Answer: c
Short Details:
In Horizontal Comparison, Account Balances ratio are calculating in different time period.

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Year: 2019

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