Which of the Following Is True of Benchmarking

question 8

Multiple Choice

Which of the following is true of benchmarking?

• A) It is an analysis in which a firm's ratio values are analyzed to project the fundamental values of the assets for upcoming years or business cycle.
• B) It is an analysis in which a firm's ratio values are compared with those of a key competitor or with a group of competitors that it wishes to emulate.
• C) It is an analysis in which a firm's financial performance over time is evaluated using financial ratio analysis.
• D) It is a financial statement analysis technique which combines cross-sectional and time-series analyses.

---

Definitions:

Simplify

To make something easier to understand or less complex.

Complex Subjects

Topics or themes that are intricate and complicated, often requiring specialized knowledge or deeper thinking to understand fully.

Medium Length Sentences

Sentences that are of moderate length, often used to convey information clearly without oversimplification or excessive detail.

Relationships

Pertains to the connections or associations between two or more individuals, groups, or entities, which can be professional, personal, or social in nature.