Which of the following statements about the limitations of financial condition analysis is(are) most correct?...
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Accounting
Which of the following statements about the limitations of financial condition analysis is(are) most correct? Comparison with industry averages is difficult if the organization operates in several different lines of business. Seasonal factors can distort ratios. Inflation effects can distort ratios. Answers (a) and (b) are correct. Answers (a), (b), and (c) are correct.
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