The correct answer is B) False.
While trend analysis and horizontal analysis are both financial analysis methods, they are not the same thing. Trend analysis refers to the evaluation of financial data over a period of time to identify patterns or trends. It often involves comparing data from multiple periods to understand how certain figures have changed over time.
On the other hand, horizontal analysis specifically focuses on comparing financial statements across different periods, usually by calculating the percentage change in each line item from one period to the next. While both methods help in examining financial performance, they serve different purposes and are used in varying contexts.