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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. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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Companies in the same industry may use different accounting methods
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