Multiple Choice
Which of the following would not be classified as an analytical procedure?
A) benchmarking the company's profitability ratios against others in the industry
B) preparing common size financial statements
C) calculating income statement account balances as a percent of sales when the level of sales has changed from the prior year
D) reconciling fixed asset dispositions with the fixed asset ledger
Correct Answer:

Verified
Correct Answer:
Verified
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