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All of the following are the building blocks for financial statement analysis except: A. Describing strategies that a firm pursues to differentiate itself from competitors

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All of the following are the building blocks for financial statement analysis except: A. Describing strategies that a firm pursues to differentiate itself from competitors in order to evaluate competitive advantages, sustainability of the firm's earnings, and its risks. B. Identification of the economic characteristics of the industries and the relation of those economic characteristics to the various financial statement ratios C. Evaluating the financial statements, including the accounting concepts and methods that underlie them and the quality of the information they provide differentiate itself from competitors in order to evaluate competitive advantages, sustainability of the firm's earnings, and its risks. B. Identification of the economic characteristics of the industries and the relation of those economic characteristics to the various financial statement ratios C. Evaluating the financial statements, including the accounting concepts and methods that underlie them and the quality of the information they provide D. Targeting growth opportunities that diversify exchange rates, risk exposure, and political uncertainty

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