To be useful in financial statements analysis, a ratio must meet what two conditions? Elaborate Robustness and

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

Question:

To be useful in financial statements analysis, a ratio must meet what two conditions? Elaborate Robustness and fruitfulness?

Related Book For answer-question

Forensic Accounting

ISBN: 978-0133050479

1st Edition

Authors: Robert Rufus, Laura Miller, William Hahn

Posted Date: Mar 16, 2024 05:36 PM

See More Questions

1. Which of the following describes the result of calculating a financial ratio? a. An asset as a percent of revenue b. The numerator expressed in terms of one unit of the denominator c. Net income...
First Class Telecommunications Inc. (FCT or the Company) is a leading regional wireless telecommunications service provider in the United States serving approximately 3 million wireless customers in...
The Weld, Bergevin, and Magrath article points out that if a company is going to intentionally manipulate earnings, they must be astute enough to present financial statements that still seem...
Explain how community service staff members can monitor the impact of work undertaken and/or services provided in line with the scope of their own work role?
A Treasury bond with 8 years to maturity is currently quoted at 106:16. The bond has a coupon rate of 7.5 percent. What is the yield value of a 32nd for this bond?
Is electric energy the same as electric power? Explain.
In 2014, Barker contacted Price about a van Price had advertised for sale. The advertisement described the van as a 1994 Ford E350. Barker and Price agreed to meet, and, on April 9, Barker inspected...
Ron Williams recently took over as the controller of Johnson Brothers Manufacturing. Last month, the previous controller left the company with little notice and left the accounting records in...
A 250 kg beam is raised through 25 m at a constant velocity by a crane. a) Draw an FBD for the beam. b) Determine the work done by the crane on the beam. c) Determine the work done by gravity on the...
Describe the advantages of creating a partnership agreement and identify what type of information should be included in the agreement?
What do you think are the benefits and constraints of global e-learning platforms (education programmes offered through the internet)?
What are the social factors that have pushed for globalization, and which have been pushing against it?
What are the effects of the Covid-19 pandemic on globalization of industries and firms?
eBay is a virtual auctioneer. How do you think it can globalize its activities?
What federal act was passed to combat identity theft?
Three firms sell solar-powered coffee roasters (a differentiated product) in international markets: Tall Technologies, Rio Grande R+D, and InVenti. Tacit collusion among the members of this triopoly...
The electric field due to a line charge is given by where l is a constant. Show that E is solenoidal. Show that it is also conservative. E =
Discuss three ways that adversarial bias might be identified and eliminated.
What is a method of proof?
Identify the key stages of a civil trial, and describe what occurs during each stage.
What is an off-by-one error?
Will the universality of management continue to be true in the future? Why or why not?
Describe what a manager does. How does the work of managers differ from that of nonmanagerial employees?

To be useful in financial statements analysis, a ratio must meet what two conditions? Elaborate Robustness and

Question:

Expert Answer:

To be useful in financial statements analysis a ratio must meet two conditions 1 Robustness The rati... View the full answer

Forensic Accounting

Students also viewed these accounting questions