The existence of diversified companies makes which of the following very difficult?
A) The preparation of interim financial statements
B) Use of more than one depreciation or inventory method
C) The compilation of segmented information
D) Comparison with industry norms

Question

Quizplus · Accepted Answer

Diversified companies operate in multiple industries, making it difficult to compare them with industry norms, which are typically based on more specialized companies.

The Existence of Diversified Companies Makes Which of the Following