Indicate whether each of the following items is (a) An objective or (b) a standard of comparison

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Indicate whether each of the following items is

(a) An objective or

(b) a standard of comparison of the financial statement analysis:

1. Industry norms

2. Assessment of a company’s past-performance

3. The company’s past performance

4. Assessment of future potential and related risk

5. Rule-of-thumb measures.

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Managerial Accounting

ISBN: 9780538742801

11th Edition

Authors: Susan V. Crosson, ‎ Belverd E. Needles

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