Which of the following is an example of a financial control that allows managers to compare different elements of a balance sheet and income statement to one another?
A) Balance sheet
B) Income statement
C) External audit
D) Return on assets computation
E) Financial ratios

Question

Quizplus · Accepted Answer

Financial ratios are a type of financial control that allow managers to compare different elements of a balance sheet and income statement to one another. Examples of financial ratios include the debt-to-equity ratio, return on investment ratio, and current ratio.

Which of the Following Is an Example of a Financial