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Which of the Following Are Limitations of Financial Analysis

question 24

Multiple Choice

Which of the following are limitations of financial analysis?
I The past is an imperfect guide to the future.
II Effects of inflation are not considered.
III Changes in accounting policies are not highlighted.
IV Use of different accounting methods across entities makes comparability difficult.


Definitions:

Gender

Gender refers to the roles, behaviors, activities, and attributes that a given society considers appropriate for men, women, and non-binary individuals.

Emancipatory Subjects

Emancipatory subjects are individuals or groups that actively work towards or embody liberation from various forms of oppression, seeking to achieve greater freedom and equality.

Societies Progress

The concept or measurement of improvement and development within societal structures, often based on factors like technological advancement, social equality, and economic growth.

Consumption

The process by which goods and services are used and expended by individuals or groups.

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