Question
An analysis in which the firm’s ratio values are
compared to those of a key competitor or group of competitors, primarily to identify areas for improvement is called?Solution
Benchmarking refers to the process of evaluating the firm’s accounting ratios and its financial performance with that of the competitor or a group of competitors in order to know where the entity needs to improve.
More Financial Management Questions
A man who has more than one wife at a time.
...A job that does not carry any salary.
Someone who is a passionate advocate, promoter, or pioneer of a particular cause or beliefÂ
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Nebulous
Give the baby a good diet
Which of the following is a synonym for "exquisite"?
Select the most appropriate antonym of the given word.
DamageÂ
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Intercede
Select the INCORRECTLY spelt word.
