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.
A)True
B)False
C)may be false
D)both a and b

Question

Quizplus · Accepted Answer

Ratio analysis is a tool that can aid in decision-making by providing insights into a company's financial health. However, it cannot replace human judgment and critical thinking. Relying solely on ratios without understanding the context or considering external factors can lead to poor decision-making.

The Ratio Analysis Is Helpful to Management in Taking Several