Which of the Following Is NOT True

question 78

Multiple Choice

Which of the following is NOT true?

• A)Financial analysis can be fully standardized.
• B)Effective analysis requires identification of the most appropriate ratios for the particular objective, as all ratios will not give the same information.
• C)The output from financial analysis can often provide only general clues.
• D)Some financial ratios will not be appropriate for firms of different sizes.

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Definitions:

Activity Cost Pools

Aggregations of all the overhead costs associated with a particular activity, used in activity-based costing.

Working On Engagements

This involves professionals being actively involved in projects or contracts with clients, often in consultancy or advisory capacities.

Business Development

The process of creating long-term value for an organization from customers, markets, and relationships.

Resource Consumption

The amount of resources, such as materials, energy, or time, used in the production of goods or services.