Sequence the core activities involved in financial statement analysis:
(1) Study the relationship among various financial facts and figures.
(2) Critically evaluate the financial information.
(3) Interpret the meaning and significance of the data.

1

(1), (2), (3)

2

(2), (1), (3)

3

(3), (1), (2)

4

(1), (3), (2)

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