A comparison of the financial statements of two firms in the same general industry may...
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Finance
- A comparison of the financial statements of two firms in the same general industry may be difficult if:
I. the firm's financial statements are prepared using different fiscal year-ends.
II. one or both firms have international operations.
III. the size of the two firms' operations are different.
a. I only
b. II and III only
c. I and III only
d. I and II only
e. I, II and III
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