An IT Company Uses Industry Average as a Standard for Measuring

question 22

Multiple Choice

An IT company uses industry average as a standard for measuring its financial performance. Here, the industry standard is used as a(n) ________.

• A)scheme
• B)outline
• C)benchmark
• D)objective

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Definitions:

Tangible

Refers to physical objects or assets that can be seen, touched, and quantified, as opposed to intangible items like rights or patents.

Movable

Personal property or assets that can be physically relocated from one place to another, as opposed to immovable property like land or buildings.

Article 2

Typically refers to a specific section within a larger legal document or statute, often cited in discussions of commercial transactions or contracts.

Sales And Leases

The legal transactions involving the exchange of goods or property for money or other consideration, and the temporary transfer of ownership rights in return for payment.