In a comprehensive financial analysis, financial statements should be: A. used as reported without adjustment. B. adjusted

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In a comprehensive financial analysis, financial statements should be:

A. used as reported without adjustment.

B. adjusted after completing ratio analysis.

C. adjusted for differences in accounting standards, such as international financial reporting standards and US generally accepted accounting principles.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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Question Posted: Feb 14, 2024 09:01 AM

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In a comprehensive financial analysis, financial statements should be: A. used as reported without adjustment. B. adjusted

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International Financial Statement Analysis CFA Institute Investment Series

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