In a common size statement, each item is expressed as a percentage of a common base (revenue from operations for the income statement, total of equity and liabilities for the balance sheet). Because every item is shown as a component percentage of the base, such statements are also called component percentage statements. This is a form of vertical analysis.
Common Size Statement are also known as:
CUET UG 2022 — Accountancy Financial Statements
2022mcqeasy
Common Size Statement are also known as:
Official previous-year question
Held on 15 Jul 2022 · Verified 13 Jul 2026.
Options
- A
Component percentage statement
- B
Horizontal Analysis
- C
External Analysis
- D
Dynamic Analysis
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