- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 3. Analyzing Balance Sheets
- Subject 5. Ratios and Common-Size Analysis
CFA Practice Question
The term cross-sectional analysis refers to comparing ______.
B. balance sheet items to income statement items
C. a firm's ratios to its industry's ratios
A. inventory turnover to cost of goods sold
B. balance sheet items to income statement items
C. a firm's ratios to its industry's ratios
Correct Answer: C
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