Guidelines (rules-of-thumb)are general standards of comparison developed from:
A)Industry guidelines.
B)Past experience.
C)Analysis of competitors.
D)Relations between financial items.
E)Dun and Bradstreet.

Question

Quizplus · Accepted Answer

Guidelines or rules-of-thumb are generally based on past experience and observations. They may not be standardized or industry-specific, but are often used as a starting point for decision-making. Analysis of competitors and relations between financial items can also provide benchmarks for comparison, but they are not the primary source for developing guidelines. Dun and Bradstreet is a business information and credit reporting company and does not typically provide guidelines.

Guidelines (Rules-Of-Thumb)are General Standards of Comparison Developed From