- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 11. Financial Analysis Techniques
- Subject 5. Profitability Ratios
CFA Practice Question
The existence of diversified companies makes comparison with industry norms very difficult. True or False?
Correct Answer: True
Since diversified companies operate in more than one industry, their existence makes comparison with industry norms very difficult.
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