Because technicians are suspicious of financial statements, they consider it advantageous not to depend on them.

Question

Quizplus · Accepted Answer

Technicians in general tend to rely more on numerical data and have a preference for using financial ratios, budgets, and other quantitative methods to assess a company's financial health than on subjective interpretations of financial statements. Therefore, they may find it useful not to rely solely on financial statements and to complement them with other sources of information such as management interviews, industry reports, and market analyses.

Because Technicians Are Suspicious of Financial Statements, They Consider It