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    Intermediate Accounting IFRS Study Set 2
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    Exam 24: Presentation and Disclosure in Financial Reporting
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    The Basic Limitations Associated with Ratio Analysis Include
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The Basic Limitations Associated with Ratio Analysis Include

Question 67

Question 67

Multiple Choice

The basic limitations associated with ratio analysis include


A) the lack of comparability among firms in a given industry.
B) the use of estimated items in accounting.
C) the use of historical costs in accounting.
D) all of these.

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