An effective approach for checking an enterprise's overall performance is to use
A) profit and loss statements.
B) key financial ratios.
C) assets.
D) liabilities.

Question

Quizplus · Accepted Answer

Key financial ratios provide a comprehensive view of an organization's overall performance. Profit and loss statements, assets, and liabilities are all important components of financial analysis but alone do not provide as comprehensive a picture as key financial ratios.

An Effective Approach for Checking an Enterprise's Overall Performance Is