Ratios and various other analytical measures are a substitute for sound judgment, nor do they provide definitive guides for action.

Question

Quizplus · Accepted Answer

Ratios and analytical measures are useful tools for making informed decisions, but they should not be relied on exclusively. Sound judgment is still necessary to interpret and apply these metrics appropriately. Additionally, there is often not a clear-cut answer or course of action suggested by ratios or other measures, as context and other factors must be considered.

Ratios and Various Other Analytical Measures Are a Substitute for Sound