Financial analysis should be used as an input to decision making,not as the decision-making process.

Question

Quizplus · Accepted Answer

Financial analysis provides valuable information about a company's financial health and performance, but it should not be the sole factor that determines a decision. Other factors such as industry trends, competition, and organizational goals should also be taken into consideration. Financial analysis should be used as a tool to inform decision-making, not as the final say in making a decision.

Financial Analysis Should Be Used as an Input to Decision