All of the following statements about competitive benchmarking are true. EXCEPT: Competitive benchmarking is used to identify areas of underperformance compared to direct competitors Companies may pursue competitive benchumarking without regard for any state or Federal statutes related to fair business practices In compettive benchmarkings a campany compares its koy metrics to those of its direct comperitors Comoetitive benthimarkhn miny livolve buying the oroducts of direct competitors asd conducting reverso engineering procedures All of the following statements are true about Scenario Analysis, EXCEPT Once a Scenario Analvsis is completed, the preparer should challenge the validty and reasonableness of the conchusions reached. The first step in performing a Scenario Analysis is to define the objective and scope of the analysits. Changes in yarlables that are within the control of the company's management are typically the focus of scenario analysid. Scenario Analysts focuses on ethanges to key varlables that dtive revenues and costs of a company. On average for publicly-held companies, a company's intangible assets not recorded in the balance sheet account for less than 10% of a company's total market value. True False A financial model can be created to analyze all of the following, EXCEPT whether a company should expand into a new market whether a company should change the mix of products it sells the financial impact of a past event the level of customers' dissatisfaction with a company's products