Question

Q 28. Financial Statement analysis ignores price level changes. It is its _____​

Answer 1

Answer:

'Price-level changes

Explanation:

A change in price level makes analysis of of different accounting year meaningless because accounting records ignore changes in value of money.

Answer 2

Answer:

lgnores price level changes.

Explanation:

A changes in price level analysis of financial statement of different accounting yrs meaningless.