Match List – I with List – II. LIST I LIST II A. Horizontal Analysis…

The correct answer is Option (3) → A-II, B-I, C-IV, D-III

Analysis is named by its direction (across years or within one year) and by who does it:

(A) Horizontal Analysis — this matches (II) Comparative statement. Figures of two or more years are set side by side.

(B) Vertical Analysis — this matches (I) Common size statement. Each item of one year is shown as a percentage of a common total.

(C) External Analysis — this matches (IV) Access only to published information. Outsiders such as investors and creditors see only the published statements.

(D) Internal analysis — this matches (III) Access to all published and unpublished information. The management can use the firm’s own records as well.

Note: External and internal analysis (items C and D) are not covered in any edition of the NCERT Accountancy textbook.