Question: In a comprehensive financial statement analyis and valuation project, financial statements should always be: a) used as reported without adjustement b) adjusted after completing ratio

In a comprehensive financial statement analyis and valuation project, financial statements should always be:

a) used as reported without adjustement

b) adjusted after completing ratio analysis

c) adjusted for choices of accounting principles that do not reflect the underlying business activities of the company being analyzed

d) converted from IFRS to GAAP before analysis

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