Which of the following is likely to affect an analyst's ability to make meaningful comparisons of financial statement ratios for companies in different countries?
A)accounting diversity
B)varying business traditions
C)unique terminology
D)all of the above

Question

Quizplus · Accepted Answer

All of the above factors can affect an analyst's ability to make meaningful comparisons of financial statement ratios for companies in different countries. Accounting diversity refers to differences in accounting principles and practices, which can make it difficult to compare financial statements. Varying business traditions can include differences in the way companies are structured or in the types of industries they operate in, which can affect how ratios are interpreted. Unique terminology can make it difficult to understand or compare financial statements if companies use different terms to describe the same thing.

Which of the Following Is Likely to Affect an Analyst's