1

The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgement and thinking, it is worse than useless.

Correct Answer: True

Make the most of this question

This page focuses on one Advance Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Advance Accounting MCQ: The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgement and thinking, it is worse than useless. | Extra Education