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P2 C4 ANALISIS OF FINANCIAL STATEMENT — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C4 ANALISIS OF FINANCIAL STATEMENT1 Mark
Question
What is inter firm comparison?
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Answer

When financial statements of various business entities are compared with each other, it is known as interfirm comparison.

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