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Basic Question 3 of 12
A benchmark comparison is related to time-series analysis rather than cross-sectional analysis. True or False?
User Contributed Comments 1
| User | Comment |
|---|---|
| studyprep | You freeze the time in Cross-sectional analysis. So you can not compare the same company financial with itself. You need at least two different companies' financials (which is a benchmarking), while keeping the time freezed up. |
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Learning Outcome Statements
calculate and interpret common-size balance sheets and related financial ratios
CFA® 2024 Level I Curriculum, Volume 2, Module 3.