A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2012 · Q241 Mark
Beatrice calculates some ratios to help her understand her financial statements. What helps her interpretation of the ratios?
Aavailability of previous results
Bchanges in the economic conditions
Cher employment of an inexperienced book keeper
Dthe fact that Beatrice is a sole trader
✓ Correct answer
A: availability of previous results
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