A comparison with other companies that provides insight into a company's competitive position is most commonly known as which of the following types of comparisons?
A) Industry average comparison
B) Intracompany comparison
C) Intercompany comparison
D) Comprehensive income comparison

Question

Quizplus · Accepted Answer

Intercompany comparison is the comparison with other companies providing insight into a company's competitive position, while industry average comparison compares the company's performance to the industry norms, intracompany comparison compares the company's current performance to its past performance, and comprehensive income comparison compares the comprehensive income of a company to another company.

A Comparison with Other Companies That Provides Insight into a Company's