Which of the Following Is the Least Effective Way to Compare

question 5

Multiple Choice

Which of the following is the least effective way to compare financial statements from one period to the next when searching for anomalies?

• A) Comparing account balances in the statements from one period to the next
• B) Calculating key ratios and comparing them from one period to the next
• C) Performing horizontal analysis
• D) Performing vertical analysis

---

Definitions:

Conscientiousness

A personality trait marked by organization, dependability, and a strong sense of duty.

Emotional Stability

A personality trait signifying the extent to which a person is calm, secure, and steady, opposite of neuroticism.

Personality

The amalgamation of features that constitute a person's distinct identity.

Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.