Question 2: An analyst wants to compare the profitability and liquidity of Qantas airlines with its peer firms. Which of the following analysis is most suitable for this purpose?

A. Time-series analysis.

B. Cross-sectional analysis.

C. Absolute benchmark analysis.

D. Panel analysis.

Question 3: The discussion on compliance, risks, and future plans is generally included in:

A. Directors Report.

B. Notes to the financial statements.

C. Audit report.

D. Managements discussion and analysis.

Please help with both questions. Correct Answers with explanations will thump up

Thank you so much in advanced