QUESTION 1 Financial analysis is: a. The process of evaluating financial information & other information for decision-making b. An informal process used only by undergraduate business students c. Used only for calculating financial ratios d. Used in finance but not in accounting QUESTION 2 The six-step process for systematic financial analysis does not include: a. Financial analysis techniques b. Corporate overview c. Sampling analysis d. Detailed accounting analysis QUESTION 3 Using the six-step process, the corporate overview step includes: a. Industry analysis and business strategy b. Calculating all financial ratios c. Model building and financial ratios d. Earnings forecasting and footnote review