Indicate whether each of the following items is (a) An objective or (b) a standard of comparison

Question:

Indicate whether each of the following items is

(a) An objective or

(b) a standard of comparison of the financial statement analysis:

1. Industry norms

2. Assessment of a company’s past-performance

3. The company’s past performance

4. Assessment of future potential and related risk

5. Rule-of-thumb measures.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

Question Posted: