Why should I choose AnalystNotes?

AnalystNotes specializes in helping candidates pass. Period.

Basic Question 3 of 12

A benchmark comparison is related to time-series analysis rather than cross-sectional analysis. True or False?

User Contributed Comments 1

User Comment
studyprep You freeze the time in Cross-sectional analysis. So you can not compare the same company financial with itself. You need at least two different companies' financials (which is a benchmarking), while keeping the time freezed up.
You need to log in first to add your comment.
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

calculate and interpret common-size balance sheets and related financial ratios

CFA® 2024 Level I Curriculum, Volume 2, Module 3.