Question: Which of these is ( are ) a factor which requires caution when using ratios to evaluate firm performance? Select all that apply. Multiple select

Which of these is (are) a factor which requires caution when using ratios to evaluate firm performance? Select all that apply.
Multiple select question.
Doing cross-sectional analysis on various firms whose financial statements all conform to GAAP
Comparing firms with varying fiscal years
Limiting comparisons to local firms within the same industry
Window dressing of annual financial statements by some firms

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