Comparing company results against industry benchmarks is often less useful than comparing actual results against budget amount.

Name: Comparing company results against industry benchmarks is often less useful than comparing actual results against budget amount.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Comparing company results against industry benchmarks provides context on how a company is performing relative to its peers, which can be more insightful than just comparing against internal budgets.

Comparing Company Results Against Industry Benchmarks Is Often Less Useful