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

Question

Quizplus · Accepted Answer

Intra-company standards for financial statement analysis are typically based on a company's prior performance and the relationships between its financial items. These standards are often specific to the company and are not set by competitors, industry publications or third-party sources like Dun and Bradstreet. Rules of thumb may be used as a guideline, but they do not typically form the basis for a company's internal standards.

Intra-Company Standards for Financial Statement Analysis