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

question 7

Multiple Choice

Guidelines (rules-of-thumb) are general standards of comparison developed from:

• A)Industry statistics from the government.
• B)Past experience.
• C)Analysis of competitors.
• D)Relations between financial items.
• E)Dun and Bradstreet.

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Definitions:

United States

A country in North America, consisting of 50 states, a federal district, and several territories, known for its diverse culture and significant impact on global affairs.

Unions

Organizations formed by workers to collectively bargain with employers for better wages, working conditions, and other employment rights.

Income

Earnings received by an individual or entity in exchange for labor or services, from investments, or through other sources.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.