A benefit obtained from comparing the client's data with industry averages is that it provides a(n):
A) benchmark to compare the company against industry averages.
B) indication where errors exist in the statements.
C) benchmark to be used in evaluating a client's budgets.
D) comparison of "what is" with "what should be."

Question

Quizplus · Accepted Answer

Comparing the client's data with industry averages provides a benchmark to compare the company against industry averages, allowing for a better evaluation of the company's performance and position in the market.

A Benefit Obtained from Comparing the Client's Data with Industry