If you are comparing your company's results with those of other companies in the industry, the process is called:
A) a horizontal analysis.
B) a trend analysis.
C) benchmarking.
D) sensitivity analysis.

Question

Quizplus · Accepted Answer

Benchmarking involves comparing a company's performance to that of other companies in the same industry. A horizontal analysis compares an entity's financial information over time, while a trend analysis examines the direction of a particular financial statistic over a period of time. Sensitivity analysis is used in financial modeling to determine how changes in variables will impact outcomes.

If You Are Comparing Your Company's Results with Those of Other