ZuoTi.Pro
Question

10. Which of the following is the definition of benchmarking? a. Benchmarking is the analysis of...

10. Which of the following is the definition of benchmarking? a. Benchmarking is the analysis of a financial statement that shows each item as a percentage of net sales or total assets. b. Benchmarking is the comparison of two companies using horizontal analysis. c. Benchmarking is the study of percentage changes in financial statement line items year to year. d. Benchmarking is the practice of comparing a company with other companies in that industry.

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)

All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
10. Which of the following is the definition of benchmarking? a. Benchmarking is the analysis of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Similar Homework Help Questions

  • help 21) Which of the following is the definition of benchmarking? A) Benchmarking is the study...

    help 21) Which of the following is the definition of benchmarking? A) Benchmarking is the study of percentage changes in financial statement line items year to year. B) Benchmarking is the analysis of a financial statement that shows each item as a percentage of net sales or total assets. C) Benchmarking is the practice of comparing a company with other companies in that industry D) Benchmarking is the comparison of two companies using horizontal analysis 22) Please refer to the...

  • This Question: 2 pts 8 Which of the following best describes horizontal analysis? A. comparing financial...

    This Question: 2 pts 8 Which of the following best describes horizontal analysis? A. comparing financial statement line items from year to year for the same company O B. comparing a company's financial statements with other companies C. expressing each financial statement amount as a percentage of a budgeted amount OD. calculating key ratios to evaluate performance This Question: 2 pts 12 of 21 (3 complete) Mercer, Inc. provides the following data for 2019: Net Sales Revenue 599,000 Cost of...

  • 3. Which of the following is not a potential problem when developing a trend analysis based upon ...

    3. Which of the following is not a potential problem when developing a trend analysis based upon percentage changes from year-to-year? Question 3 options: 1) The lack of reference to a base dollar amount in order to make valid inferences on the relative magnitude of the changes. 2) A negative amount in Year 2 of a balance sheet item and a positive amount in Year 3. 3) Comparing yearly amounts with an average computed over all years to highlight unusual...

  • Match each definition that follows with the term (a - h) it defines. Clear All an...

    Match each definition that follows with the term (a - h) it defines. Clear All an analysis of a company's ability to pay its current liabilities horizontal analysis the percentage analysis of the relationship of each component in a financial statement to a total within the statement current position analysis focuses on a company's ability to generate net income common-sized financial statements occurs when a company abandons a segment profitability analysis a percentage analysis of increases and decreases in related...

  • Question 50 (2 points) When doing vertical analysis of the balance sheet, to get percentages for...

    Question 50 (2 points) When doing vertical analysis of the balance sheet, to get percentages for each balance sheet item, you divide the dollar amount for the particular balance sheet item by the dollar amount of total Liabilities. the dollar amount of total Stockholders' Equity. the dollar amount of total Assets plus total Liabilities plus total Stockholders' Equity. the dollar amount of total Assets OR total Liabilities plus total Stockholders' Equity Submit Quiz 38 of 50 questions saved year. Question...

  • 26. Another term for vertical analysis is a. common-size analysis. b. liquidity analysis. c. horizontal analysis....

    26. Another term for vertical analysis is a. common-size analysis. b. liquidity analysis. c. horizontal analysis. d. leverage analysis. 27. Common-size statements are especially useful in comparing a. a company's performance across time. b. companies of different sizes. c. supplemental information included in the corporate annual report. d. companies of the same size. 28. In preparing a common-size balance sheet, you express all account balances as a percentage of a. total stockholders' equity. b. total liabilities. c. total assets plus...

  • HELP! Match the term and the definition. Knowledge Check 01 Match the term and the definition....

    HELP! Match the term and the definition. Knowledge Check 01 Match the term and the definition. 1. 2. Each item in the financial statements is expressed as a percentage of an appropriate corresponding total, or base amount, but within the same year. Each item in a financial statement is expressed as a percentage of that same item in the financial statements of another year (base amount). Financial statement items are converted to ratios for evaluating the performance and risk of...

  • Financial Statement Analysis Identify the tools used for Financial Statement Analysis                Horizontal Trend Analysis It...

    Financial Statement Analysis Identify the tools used for Financial Statement Analysis                Horizontal Trend Analysis It is also known as trend analysis. And it evaluates a series of financial statement data over a period. It is used primarily in intra company comparisons. Financial statements facilitate this type of comparison because: Each of the basic financial statements show a minimum of a year Summary of selected data will show 5-10 years.                Vertical Common Size Analysis It evaluates financial statement data...

  • Agree or Disagree and Why? Managers analyze financial statements to monitor measurements such as debt leverage,...

    Agree or Disagree and Why? Managers analyze financial statements to monitor measurements such as debt leverage, cost, sales, assets, and liabilities. Financial statements help managers assess the achievement of financial goals. It was also said that managers analyze their competition’s financial statements and compare them to their internal finances; this is very useful in developing tactical options and strategies. Balance sheets and financial statements present a certain amount of information and date to managers. Horizontal analysis is used in the...

  • Which of the following is true of common-size income statements? Question 10 options: Each income statement...

    Which of the following is true of common-size income statements? Question 10 options: Each income statement item is dividend by sales. A common-size comparison results in more dissimilarities than when comparing on a dollar basis. All of the above are income statement items Common size income statements can’t be used to compare firms of different size. Income statement accounts are presented as a percentage of total assets. For a technology dependent firm, a past trend is a good predictor of...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT