After Financial Ratios Are Calculated, the Results Should Be Compared

question 52

Multiple Choice

After financial ratios are calculated, the results should be compared to any of the following except:

• A) The same indicator from prior years.
• B) Budgeted information for the government for the upcoming year.
• C) Comparable government ratios calculated from the Government Finance Officers Association's Financial Indicators Database.
• D) Credit analyst measures or other red flag indicators.

---

Definitions:

Social Media Site

An online platform that enables users to create and share content or participate in social networking with others.

Parallelism

Parallelism refers to the practice of ensuring elements in sentences are grammatically similar or identical in structure, sound, meaning, or meter to enhance coherence and balance.

Bank Debits

Transactions that reduce the account balance of a bank account, representing money that has been withdrawn or payments made.

Freight Loadings

The process or act of loading cargo for transport by various modes of transportation like trains, ships, or airplanes.