In the context of trend analysis, what is the base amount? a) sales of the first year b) difference in the sales amount of two successive years c) sales of the current year d) difference in the sales amount of the first year and the current year

A base year refers to the first of a years's series in an economic or financial index. New base years are introduced on a regular interval to keep data updated in a particular index. A base year helps to carry out comparisons in the measure of a business activity or economic index.

Trend analysis is the term used for calculating the amount of the increase/decrease for the period by subtracting the earlier year from the later year.

Negative difference means the change is a decrease, and positive difference represents an increase. So, in the context of trend analysis, the base year will be the current year.

The answer is A

Explanation:

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a

explanation:

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