Common size statements can only be completed on the statement of comprehensive income and
statement of ﬁnancial position.

Name: Common size statements can only be completed on the statement of comprehensive income and statement of ﬁnancial position.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Common size statements can be prepared for any financial statement, including the statement of cash flows, by expressing each line item as a percentage of a base figure.

Common Size Statements Can Only Be Completed on the Statement