In Regards to Benchmarking,which of the Following Statements Is Correct

question 112

Multiple Choice

In regards to benchmarking,which of the following statements is correct?

• A) The two main types of benchmarks in financial statement analysis include benchmarking against a prior year of the same company and benchmarking against a key competitor.
• B) Benchmarking is the practice of comparing a company with information provided by the Financial Standards Accounting Board.
• C) The Risk Management Association provides common-size statements for most industries.
• D) It is not helpful to provide common-size percentages in a graphical manner.

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Definitions:

Emotional Intelligence

The ability to recognize, understand, manage, and use emotions effectively in oneself and others.

Analytical Intelligence

The ability to analyze, evaluate, judge, compare, and contrast information as defined in the triarchic theory of intelligence.

Savant Syndrome

A rare condition where someone with significant mental disabilities demonstrates certain abilities far in excess of average.

Savant Syndrome

A condition where a person with significant mental disabilities demonstrates certain abilities far in excess of average.