In which type of comparisons are the ratios of one year compared to the historical ratios of
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In which type of comparisons are the ratios of one year compared to the historical ratios of the company?
(a) Comparisons against a competitive benchmark.
(b) Comparisons against rules of thumb based on industry-wide experience.
(c) Time-series comparisons.
(d) Cross-sectional comparisons.
AppendixLO1
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Financial Accounting And Reporting A Global Perspective
ISBN: 9781844802500
2nd Edition
Authors: Michel J. Lebas, Herve Stolowy, Michael Lebas
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