All of the following are the building blocks for financial statement analysis except:

A Targeting growth opportunities that diversify exchange rates, risk exposure, and political uncertainty.

B Describing strategies that a firm pursues to differentiate itself from competitors in order to evaluate competitive advantages, sustainability of the firms earnings, and its risks.

C Identification of the economic characteristics of the industries and the relation of those economic characteristics to the various financial statement ratios.

D Evaluating the financial statements, including the accounting concepts and methods that underlie them and the quality of the information they provide.