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Question Practice

Why are there no universally accepted standard levels for ratios?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting Ratios
Question Bank

Why are there no universally a...

Single Answer MCQ
Q-00082791

Why are there no universally accepted standard levels for ratios?

1

Every industry varies significantly

2

Ratios are too complex

3

All firms use the same practices

4

Historical data is non-applicable

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