Intracompany standards for financial statement analysis:
A) Are often based on a company's prior performance.
B) Are often set by competitors.
C) Are set by the company's industry.
D) Are based on rules of thumb.
E) Are published in Dun and Bradstreet.

Question

Quizplus · Accepted Answer

Intracompany standards for financial statement analysis are often based on a company's prior performance, as they are used to benchmark and compare performance over time.

Intracompany Standards for Financial Statement Analysis