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  3. 1. in a vertical analysis, an item is selected as

1. In a vertical analysis, an item is selected as the base amount and all...

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Accounting

1. In a vertical analysis, an item is selected as the base amount and all other items are computed as a percentage of the base amount. True/False?

2. Common-size statements use the same percentages that are computed during a vertical analysis, but no dollar amounts are shown. True/False?

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