asked 106k views
3 votes
Examples of analytical procedures include _______.

1) ratio analysis
2) trend analysis
3) complex statistical techniques
4) All of these answer choices are correct.

asked
User Robokop
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7.7k points

1 Answer

6 votes

Final answer:

Analytical procedures in business include ratio analysis, trend analysis, and complex statistical techniques, all aimed at assessing financial data.

Step-by-step explanation:

Examples of analytical procedures include all of these answer choices: ratio analysis, trend analysis, and complex statistical techniques. These are diverse methods used in business, accounting, and finance to assess and understand financial statements and other data. Ratio analysis involves comparing different figures from the financial statements to gain insights into a company's performance.

Trend analysis looks at data over a period to identify any consistent results or themes. Complex statistical techniques might include regression analysis, variance analysis, or other forms of data modeling that require a deeper mathematical understanding to interpret financial and business data.

answered
User Damian Vogel
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9.0k points
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