The Use of Another Company as a Performance Yardstick Is

question 7

Multiple Choice

The use of another company as a performance yardstick is jeopardized by;

• A)language differences
• B)accounting flexibility
• C)currency differences
• D)different accounting periods

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Definitions:

10% More

Indicates an increase or addition of ten percent to a given number or value.

7% Less

A reduction by seven percent from a previous amount or value.

Standard & Poor's 500

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

Stock Index

A statistical measure that shows changes in the stock market by tracking selected stocks' prices.