Which of the following statements is not a limitation of, Ask an Expert

Management Studies

Which of the following statements is not a limitation of ratio analysis?

1) There are an insufficient number of ratios available.

2) Seasonal factors may distort ratios.

3) Different organizations can use different, but allowed under GAAP, accounting conventions.

4) It often is difficult to tell whether a given ratio is "good" or "bad."

5) Inflation effects may distort ratios.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030521

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