________ is where the firm's ratio values are compared to those of a key competitor or group of competitors, primarily to identify areas for improvement.
A) Time-series analysis
B) Benchmarking
C) Combined analysis
D) None of the above

Question

Quizplus · Accepted Answer

Benchmarking involves comparing a company's performance ratios to those of a key competitor or group of competitors to identify areas for improvement. Time-series analysis involves comparing a company's performance ratios to their own past performance, and combined analysis involves using both benchmarking and time-series analysis together.

________ Is Where the Firm's Ratio Values Are Compared to Those