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IIA-CIA-PART2 · Question #296

IIA-CIA-PART2 Question #296: Real Exam Question with Answer & Explanation

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Question

Which of the following best describes external benchmarking using trend analysis for a subsidiary of an international company?

Options

  • AComparing the current ratio of the subsidiary with the current ratio of another company for the
  • BComparing common-size financial statements of the subsidiary with the averages of the industry
  • CComparing the sales of the subsidiary with the sales of another subsidiary for the last two periods.
  • DComparing the sales of the subsidiary with the budgeted figures for the last two periods

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