Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Analysis of Financial Statements

Question:
Intra firm analysis over a period of time is also called as which type of analysis?
Options:
Time series analysis
Cross sectional analysis
Trend analysis
None of the above
Correct Answer:
Time series analysis
Explanation:
Cross-sectional analysis is a financial analysis method used to compare different companies, projects, or investments at a specific point in time. Unlike time-series analysis, which examines the performance of a single company over multiple periods, cross-sectional analysis focuses on comparing similar items or metrics across different entities simultaneously.