The Analyst Should Be Careful When Analyzing Ratios That ________

question 79

Multiple Choice

The analyst should be careful when analyzing ratios that ________.

• A) pre-audited statements are used
• B) right interpretation of the ratio value is made
• C) financial data being compared need not be uniform
• D) inflation will not effect while comparing older to newer firms

---

Definitions:

Circular Reference

A circular reference occurs when a formula in a spreadsheet or database refers back to its own cell, either directly or through a chain of references, which can cause errors in calculations.

Spell-checking

is the process of identifying and correcting spelling errors in text using a software program or tool.

Order of Operations

A set of rules defining the sequence in which operations should be performed in expressions, including arithmetic and logical expressions.

Pixel

The smallest unit of a digital image or display, representing a single point of color.