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Exam CVA topic 1 question 152 discussion

Actual exam question from NACVA's CVA
Question #: 152
Topic #: 1
[All CVA Questions]

A common first step in ratio analysis of financial statements is to prepare what are sometimes called ____________________. On these statements, each line item is expressed as a percentage of the total. For example, on the balance sheet, each line is shown as a percentage of total assets.

  • A. Pre-analysis statements
  • B. Common-size statements
  • C. Short-term analysis
  • D. Status diagnosis analysis
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Suggested Answer: B 🗳️
by gemazyni at April 6, 2025, 4 a.m.

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