Which of the following is commonly used in accounting analysis to show a relationship between two elements of a firm's financial statements?
A) comparative number
B) maxim
C) financial ratio
D) formula

Question

Quizplus · Accepted Answer

Financial ratios are commonly used in accounting analysis to show a relationship between two elements of a firm's financial statements. Comparative numbers and formulas may also be used in accounting analysis, but financial ratios are the most commonly used metric. Maxim is not a relevant term in this context.

Which of the Following Is Commonly Used in Accounting Analysis