One Problem with Comparing Financial Ratios Prepared by Different Reporting

question 44

Multiple Choice

One problem with comparing financial ratios prepared by different reporting agencies is

• A)some agencies receive financial information later than others.
• B)agencies vary in their policies as to what is included in specific calculations.
• C)some agencies are careless in their reporting.
• D)some firms are more conservative in their accounting practices.
• E)None of the options

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Definitions:

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To send a message or document on to another recipient or location, often used in the context of email.

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To admit the existence of a situation or fact, often implying a recognition of a claim or issue.

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