Naomi is considering buying stock in a teakettle manufacturing company and an investment bank, both of which are publicly traded companies. She is examining the financial reports from each company. Considering the GAAP comparability standards, Naomi can expect that the financial statements from these two companies Select answer from the options below 

are unlikely to closely resemble each other. 

are unlikely to provide explanations for inconsistent reporting. 

are likely to be formatted in the same manner. 

are likely to have been verified by an outside auditor.

Answer rating: 100% (QA)

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