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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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8 years ago
In regards to benchmarking, which of the following statements is correct?
A) Risk Management Association provides common-size statements for most industries.
B) The two main types of benchmarks in financial statement analysis include benchmarking against prior year of the same company and benchmarking against a key competitor.
C) Benchmarking is the practice of comparing a company with information provided by the Financial Standards Accounting Board.
D) It is not helpful to provide common-size percentages in a graphical manner.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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8 years ago
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H3Ko Author
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#2
8 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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