Which of the following best describes the problem with the use of published industry averages for analytical procedures?
A)Lack of comparability.
B)Lack of sufficiency.
C)Lack of accuracy.
D)Lack of availability.

Question

Quizplus · Accepted Answer

Published industry averages may not be comparable to the specific company being analyzed due to differences in industry segment, size, operations, and other factors. Therefore, the use of these averages may lead to incorrect conclusions and recommendations.

Which of the Following Best Describes the Problem with the Use