What is the basic problem with using financial statement analysis to measure performance of a firm's financial managensent? Multiple Choice There may not be any reasonable peer group for global conglomerates with which comparisons can be mach a Different firms may use different accounting procedures which produce financial statements that are not directil Some companies have operations in more than one industry and therefore no single comparable peer group. Different firms may follow different fiscal periods. There is no underlying theory to set guidelines for benchmarks on the measures