The time dimension is important in financial statement analysis. Both the balance sheet and the income statement report changes that were made to the firm's accounts over a period of time. True False

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
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The time dimension is important in financial statement analysis. Both the balance sheet and the income statement report changes that were made to the firm's accounts over a period of time.
True
False
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