Question 191 · 365 in bank
The current date is July 14, 2020. A data analyst has been asked to create a report that shows the company’s year-over-year Q2 2020 sales. Which of the following reports should the analyst compare?
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Answer: C
Explanation
To create a report that shows the company's year-over-year Q2 2020 sales, the analyst should compare the sales data from Q2 2020 and Q2 2019. Year-over-year (YoY) analysis is a method of comparing the performance of a business or a financial instrument over the same period in different years. It helps to identify trends, growth patterns, and seasonal fluctuations. Q2 refers to the second quarter of a year, which is usually from April to June. Therefore, the correct answer is C.
Source: Adapted from community discussion — Swift_and_Quick
