To reinforce financial projections and establish benchmarks, it is important to compare projected financial ratios with GDP averages.

Question

Quizplus · Accepted Answer

Financial projections and benchmarks are typically compared to industry averages or sector-specific data rather than GDP averages, as GDP reflects the overall economic performance of a country and not the specific operational or financial metrics relevant to a particular industry or company.

To Reinforce Financial Projections and Establish Benchmarks, It Is Important