Match the tool of financial analysis with its description:
| Column A | Column B | ||
| A | Comparative Statements | (1) | Studies operational results and financial position over a series of years, showing percentage changes relative to a base year |
| B | Common Size Statements | (2) | Indicates relationship of different items to a common item by expressing each as a percentage of that item |
| C | Cash Flow Analysis | (3) | Refers to analysis of actual movement of cash into and out of an organisation |
| D | Trend Analysis | (4) | Studies operational results and financial position over a series of years, showing percentage changes relative to a base year |
1
A-3, B-2, C-4, D-1
2
A-2, B-3, C-4, D-1
3
A-3, B-4, C-2, D-1
4
A-1, B-2, C-3, D-4