Which One of the Following Statements Is Correct

question 45

Short Answer

Which one of the following statements is correct?
A. Peer group analysis is easier when a firm is a conglomerate versus when it only has a single
B. line of business.
C. Peer group analysis is easier when seasonal firms have different fiscal years.
D. Peer group analysis is simplified when firms use varying methods of depreciation.
E. Comparing results across geographic locations is easier since all countries now use a common
F. set of accounting standards.
G. Adjustments have to be made when comparing the income statements of firms which use different methods of accounting for inventory.

---

Definitions:

Issuance

Issuance refers to the process of making securities available for sale by a corporation or government entity, typically in the context of raising capital.

Interest Payment

A payment made to lenders by borrowers, representing the interest accrued on the loan or debt for a specific period.

Carrying Value

The book value of an asset on a company’s balance sheet, calculated as the original cost minus accumulated depreciation.