Question: The third step in financial statement analysis is to assess the quality of the firm s financial statements. Which of the following is a question

The third step in financial statement analysis is to assess the quality of the firms financial statements. Which of the following is a question an analyst should ask when performing this step?
A.
Are industry sales growing rapidly or slowly?
B.
What is the companys degree of geographical diversification?
C.
Do earnings include revenues that appear mismatched with the business model employed by the firm?
D.
Does the industry include a large number of firms selling similar products?

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