What is meant by presentation of financial statement information in common-size amounts rather than dollar amounts? Why

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What is meant by "presentation of financial statement information in common-size amounts rather than dollar amounts?"
Why is this type of presentation sometimes more meaningful than use of actual dollar amounts?

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Auditing A Risk Based Approach to Conducting a Quality Audit

ISBN: 978-1305080577

10th edition

Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg

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Question Posted: Mar 05, 2018 11:15 AM

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What is meant by presentation of financial statement information in common-size amounts rather than dollar amounts? Why

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What is meant by Commonsize financial statements present the Income statement and balance sheet Fina...View the full answer

Auditing A Risk Based Approach to Conducting a Quality Audit

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