Place the Following Steps Involved in Financial Statement Analysis in the Proper

Multiple Choice

Place the following steps involved in financial statement analysis in the proper order:
I.Read the auditor's report
II.Perform detailed ratio analysis
III.Read each of the major financial statements
IV.Obtain an overall understanding of a company's range of businesses

A) IV, I, III, II
B) I, II, III, IV
C) I, III, IV, II
D) IV, III, I, II