Ratios are used to standardise financial information.

Name: Ratios are used to standardise financial information.
Brand: Quizplus
Rating: 4.9 (50 reviews)

Question

Quizplus · Accepted Answer

Ratios are used to standardise financial information and make comparisons between different companies or periods easier. They allow for a simplified understanding of complex financial information and help to identify trends or areas of concern in a company's performance.

Ratios Are Used to Standardise Financial Information