Which of the following statements best describes the use of economic data? A. Financial statements should be
Question:
Which of the following statements best describes the use of economic data?
A. Financial statements should be analyzed without the potential influence or bias arising from using economic data.
B. Financial statements should be analyzed considering company events, the industry in which it operates, and the economy.
C. Financial statements of one company cannot be compared with those with another company if the companies use different accounting principles.
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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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