Which of the following is not a true statement? a. Benchmarking analysis involves comparing a company to

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Which of the following is not a true statement?

a. Benchmarking analysis involves comparing a company to its industry's averages.

b. Benchmarking analysis involves comparing a company to its competitors.

c. Trend analysis involves comparing a company's ratios over time.

d. Benchmarking analysis involves comparing a company's ratios over time.

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