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Question
Comparison of values of one period with those of another period for the same firm is ______.
Options
Intra-firm comparison
Inter-firm comparison
Pattern comparison
Trend comparison
MCQ
Fill in the Blanks
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Solution
Comparison of values of one period with those of another period for the same firm is intra-firm comparison.
Explanation:
Intra-firm comparison (also known as inter-period comparison) refers to evaluating the financial performance or position of the same single company across different accounting periods. Comparing a company’s current year’s sales figures against its own previous year’s sales figures serves as a prime example. The prefix “intra” explicitly means within or internal to the organization.
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