In regards to benchmarking, which of the following statements is incorrect?
A. Benchmarking is the practice of comparing a company with other leading companies.
B. The two main types of benchmarks in financial statement analysis include benchmarking against the industry average and benchmarking against a key competitor.
C.The industry average is not a useful benchmark for evaluating a company.
D. Providing commonminus−size percentages in a graphical manner highlights differences
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