What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?

Choose a question below and write an essay from it. You only need to select one question from the list below:

1. What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?

2. How does the use of the materials requisition help control the issuance of materials from the storeroom?

3. Describe how total variable costs and unit variable costs behave with change in the level of activity.