In regards to benchmarking, which of the following statements is incorrect? A. The two main...

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Accounting

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In regards to benchmarking, which of the following statements is incorrect? A. The two main types of benchmarks in financial statement analysis include benchmarking against the industry average and benchmarking against a key competitor. OB. The industry average is not a useful benchmark for evaluating a company. O C. Benchmarking is the practice of comparing a company with other leading companies OD. Providing common-size percentages in a graphical manner highlights differences

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