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.Determine the purpose and context of the analysis.
II.Develop conclusions and recommendations.
III.Collect information needed for the analysis.
IV.Analyze and interpret the metrics.
V.Prepare common-size analysis and calculate ratios.

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