Trend percentage & Trend ratio

Q.  State which of them are true?

A) When ratios of previous years are compared with current years, they are called trend ratios.
B) Trend percentages and trend ratios are used in static analysis.
C) Reliability of financial analysis depends upon the reliability of financial data.
- Published on 09 Sep 15

a. Both A and B
b. Both A and C
c. Both B and C
d. A, B, C

ANSWER: A, B, C

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