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Basic Question 2 of 11
Ratios for all companies following generally accepted accounting principles ______
B. can vary due to different accounting treatments.
C. will always be correct.
A. will always be standardized.
B. can vary due to different accounting treatments.
C. will always be correct.
User Contributed Comments 3
| User | Comment |
|---|---|
| viannie | different accounting treatment for example: inventory -> FIFO or LIFO or etc ... |
| johntan1979 | Depreciation, bad debt write-off... |
| jabiller | Generally accepted and can vary do not make sense. |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe tools and techniques used in financial analysis, including their uses and limitations
CFA® 2025 Level I Curriculum, Volume 3, Module 11.