Cross-sectional analysis (comparisons between different businesses over the same period) and trend analysis (comparisons between the same
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Cross-sectional analysis (comparisons between different businesses over the same period) and trend analysis (comparisons between the same business over different periods) both suffer from significant limitations. What are the limitations of each form of analysis? How can they be overcome, and to what extent?
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Related Book For 
Financial Accounting An International Introduction
ISBN: 9780273721642
4th Edition
Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes
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