Intracompany comparisons of the same financial statement items are often useful to detect changes in financial relationships and significant trends.

Question

Quizplus · Accepted Answer

Intracompany comparisons involve comparing financial statement items within the same company over a period of time, which can reveal important information about how the company's financial relationships and trends are changing. Therefore, Option A is true.

Intracompany Comparisons of the Same Financial Statement Items Are Often