A Moving to another question will save this response. Question 9 Which of the following is true of financial statement analysis? Its inputs must be qualitative to be useful for forecasting and valuation. It cannot draw conclusions about the future, since only past information is observable. It is performed by a limited number of stakeholder groups, primarily analysts. It may involve the analysis of information outside the financial statements, such as footnotes and proxy statements. A Moving to another question will save this response