All of the following are the building blocks for financial statement analysis except:
A) Targeting growth opportunities that diversify exchange rates, risk exposure, and political uncertainty.
B) Describing strategies that a firm pursues to differentiate itself from competitors in order to evaluate competitive advantages, sustainability of the firm's earnings, and its risks.
C) Evaluating the financial statements, including the accounting concepts and methods that underlie them and the quality of the information they provide.
D) Identification of the economic characteristics of the industries and the relation of those economic characteristics to the various financial statement ratios.

Question

Quizplus · Accepted Answer

Targeting growth opportunities that diversify exchange rates, risk exposure, and political uncertainty is not a building block for financial statement analysis. The other options, including describing strategies, evaluating financial statements, and identification of economic characteristics, are all key building blocks for financial statement analysis.

All of the Following Are the Building Blocks for Financial