How can financial statement analysis be used in the strategy and governance of an entity?

Question 25 options:

a) It is often performed as part of analytical procedures throughout assurance engagements

. b) It is used to interpret and explain financial results to stakeholders.

c) It is used during situational analysis to identify strengths, weaknesses, opportunities, and threats.

d) It is used in performance measurement systems, creating incentives to achieve ratio targets.