In which step of the accounting process does ratio analysis play a role?
A) classification
B) reporting
C) summarization
D) recording
E) analysis

Name: In which step of the accounting process does ratio analysis play a role? A) classification B) reporting C) summarization D) recording E) analysis
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Question

Quizplus · Accepted Answer

Ratio analysis is a tool used in the analysis step of the accounting process to evaluate the financial health and performance of a business by comparing different figures from the financial statements.

In Which Step of the Accounting Process Does Ratio Analysis