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One type of analytical procedure is trend analysis. Which of the following is the best example of trend analysis? Comparison of company financial ratios to

One type of analytical procedure is trend analysis. Which of the following is the best example of trend analysis?

Comparison of company financial ratios to that of its competitors.

Comparison of accounting records to budgeted amounts.

Comparison of inventory levels over the past 3 years.

Comparison of interest expenses to outstanding loan balances.

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