Which of the following is most likely to affect an analyst's ability to make meaningful comparisons of
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Question:
Which of the following is most likely to affect an analyst's ability to make meaningful comparisons of financial statement ratios for companies in different countries?
A) Differences in currency
B) Language differences
C) Varying business traditions
D) Mathematical degrees of magnitude
Expert Answer:
ANSWER A Differences in currency Changes in the value of a currency are influenced by supply and dem... View the full answer
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