Financial statement analysis involves forms of comparison including:
A)Comparing changes in the same item over a number of periods.
B)Comparing key relationships within the same year.
C)Comparing key items to industry averages.
D)All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Financial statement analysis involves all three forms of comparison including comparing changes in the same item over a number of periods, comparing key relationships within the same year, and comparing key items to industry averages. Therefore, all answer choices are correct.

Financial Statement Analysis Involves Forms of Comparison Including