Ratios by themselves have some value, but not nearly as much as they have when compared with other similar figures. Which of the following comparisons are generally used by managers and analysts?
A)Historical
B)Competition
C)Budgeted
D)All of the above

Question

Quizplus · Accepted Answer

Managers and analysts use all three types of comparisons - historical, competition, and budgeted - to gain a more comprehensive understanding of a company's performance and to make informed decisions. Historical comparisons help to identify trends and patterns in a company's performance over time, while competition comparisons allow for benchmarking against similar companies in the industry. Budgeted comparisons, on the other hand, help to evaluate the company's actual performance against its planned or expected performance.

Ratios by Themselves Have Some Value, but Not Nearly as Much