Final answer:
All options provided—comparison with other operating information, vertical analysis, variance analysis, and ratio analysis—are considered analytical procedures. These are methods for examining financial data to spot trends or inconsistencies and are essential tools in finance and accounting.
Step-by-step explanation:
All of the options given are considered analytical procedures. Analytical procedures in accounting and auditing involve the analysis and comparison of financial data to identify any significant trends or anomalies. Each option provided refers to a different method of carrying out such an analysis.
Comparison with other operating information involves looking at data from different operational areas to ensure consistency and identify any unexpected fluctuations.
Vertical analysis is the process of comparing various financial statement items to a single line item, such as total assets or net sales, to determine the relative size of each component.
Variance analysis involves comparing actual results to budgeted figures to determine the causes of variances in performance.
Ratio analysis entails comparing different figures from the financial statements to calculate ratios that provide insight into the company's operational effectiveness, liquidity, profitability, and solvency.
Therefore, all of the options listed are indeed analytical procedures used for evaluating financial information.