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Basic Question 2 of 11
Ratios for all companies following generally accepted accounting principles ______
B. can vary due to different accounting treatments.
C. will always be correct.
A. will always be standardized.
B. can vary due to different accounting treatments.
C. will always be correct.
User Contributed Comments 3
| User | Comment |
|---|---|
| viannie | different accounting treatment for example: inventory -> FIFO or LIFO or etc ... |
| johntan1979 | Depreciation, bad debt write-off... |
| jabiller | Generally accepted and can vary do not make sense. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe tools and techniques used in financial analysis, including their uses and limitations
CFA® 2024 Level I Curriculum, Volume 3, Module 11.