ACC 421 Week 3 DQS

This work of ACC 421 Week 3 Discussion Questions consists of:

DQ1: What are the limitations of using ratios for financial statement analysis? What are the benefits? Will different user groups focus on different ratios? Why or why not? Which ratios would you use to analyze a company? Why?

DQ2: What does full disclosure mean? How does full disclosure affect financial reporting? Are there any ethical implications to what should be reported in order to comply with full disclosure? Explain. What recommendations would you make to management regarding what should be disclosed?