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Ratio analysis cannot be taken at face value for all of the following except which reason? Multiple Choice Large conglomerates can cross more than one

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Ratio analysis cannot be taken at face value for all of the following except which reason? Multiple Choice Large conglomerates can cross more than one industry type Benchmarks can vary based on industry and company size Different standards and procedures can exist from country to country No underlying theory exists to pinpoint exact benchmarks While GAAP is consistent across the globe, multiple currencies may be considered

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