Accounting-based information is historical and may not be a good guide to future performance.

Name: Accounting-based information is historical and may not be a good guide to future performance.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

Accounting-based information reflects past events and transactions, therefore it may not necessarily predict future performance. Other factors, such as changes in the economic environment or company strategy, can impact future performance.

Accounting-Based Information Is Historical and May Not Be a Good