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Companies in the same industry may use different accounting methods

Companies in the same industry may use different accounting methods



TRUE/FALSE
1.	An example of horizontal analysis is the increase in cost of goods sold by 25% from 2013 to 2014.

	

	2.	For meaningful analysis, ratios should be compared with a standard.

	

	3.	Companies in the same industry may use different accounting methods, diminishing the usefulness of some industrial averages.

	

	4.	Small sample sizes for an industrial report rarely cause a comparability problem in using standards.

	

	5.	Labor markets can impact industrial statistics and standards.




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22 Apr 2016

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  1. Genius

    Companies in the same industry may use different accounting methods

    Companies in the same industry may use different accounting methods Companies in ****** ******
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