the process of comparing various financial factors of a company over a period of time is known as
a) Inter-firm comparison
b) ratio analysis
c) Intra-firm comparison
d) Inter-industry comparison
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It is referred to as Intra-firm comparison
- It is a correlation among two or other specific departments or divisions.
- These divisions are generally of the same business unit.
- It is carried out with the goal of doing relevant analysis to enhance the operational efficiency of all departments or divisions.
- It assists management in identifying units that are underperforming in comparison to internal benchmarks or standards set by other units
- #SPJ3
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