- CFA Exams
- 2021 CFA Level I Exam
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 24. Financial Analysis Techniques
- Subject 1. Analysis Tools and Techniques
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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