Three common tools of financial analysis are: Financial reporting, sensitivity analysis, transactional analysis. Fair presentation, variance analysis, financial reporting. Horizontal analysis, vertical analysis, ratio analysis. Relativity analysis, financial reporting, fair value analysis. Liquidation analysis, political analysis, fair value analysis. Question 15 Horizontal analysis: Is a method used to evaluate changes in financial data across time. Is also called vertical analysis. Is the presentation of financial ratios. Is a tool used to evaluate financial statement items relative to industry statistics. Evaluates financial data across industries..