Which of the Following Is Most Likely to Affect an Analyst's

question 22

Multiple Choice

Which of the following is most likely to affect an analyst's ability to make meaningful comparisons of financial statement ratios for companies in different countries?

• A)differences in currency
• B)language differences
• C)varying business traditions
• D)mathematical degrees of magnitude

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Definitions:

Commission

An instruction, duty, or role given to a person or group, particularly in a governmental or corporate context.

Hardware

The physical components of a computer or other electronic system, as opposed to software or data.

Software

A collection of data, programs, and instructions that enable computers to perform specific tasks and operations.

Breach

The violation or failure to uphold a law, duty, or agreement.