Which of the following techniques is not used by accountants to interpret and report financial information?

Question

Quizplus · Accepted Answer

While graphs, charts, and ratios are commonly used by accountants to interpret and report financial information to external users, special memos for each class of external users are not a commonly used technique. Accountants may use general purpose financial statements or tailored reports for specific external users, but not necessarily special memos for each class of external users.

Which of the Following Techniques Is Not Used by Accountants