Which of the following below generally is the most useful in analyzing companies of different sizes?

Question

Quizplus · Accepted Answer

Common-sized financial statements allow for a comparison of companies of different sizes by expressing the financial information as a percentage of a base amount (such as total revenue or total assets). This allows for easier analysis and comparison across companies. The other options (comparative statements, price-level accounting, and audit reports) may provide useful information, but are not specifically designed for comparing companies of different sizes.

Which of the Following Below Generally Is the Most Useful