Trend Analysis and Benchmarking
The objective of business valuation is to provide an accounting of a company's worth in
the marketplace that is as accurate as possible. Business valuation is conducted for
several reasons. Which of the following is a reason for a firm to conduct business
valuation analysis?
To estimate stock values
To satisfy government regulators
To forecast additional assets
To determine net income
Which of the following describes trend analysis?
Examining an organization's profitability, solvency, viability, and liquidity
The analytical process of looking at the strengths and weaknesses both inside and
outside of the organization
The ability of an organization to survive in the long run
Method used to assess past performance, the pro forma examination of future
performance, and the comparison of the performance of a company
Benchmarking is a type of trend analysis that examines inside performance as well as
outside organizations. Which of the following best describes financial benchmarking?
Comparing the ratio of expenses to sales inside of one company
Comparing the stock prices of similar businesses
Comparing the projected sales with the actual sales for the last month
Comparing the internal expenses between periods
In preparing to conduct benchmarking analysis, one should identify the key attributes of
your company. Which of the following is an example of a key attribute used in
benchmarking?
Size of liabilities
Operating expenses
Company size
Makeup of the board of directors
You are explaining the five goals of financial analysis to one of your new employees.
Which of the following will you tell the employee is the most important of these goals?
Profitability
Stability
Liquidity
Solvency
Financial analysis is conducted to provide management information regarding the
financial health of a business. Which of the following represents one of the five goals of
financial analysis?
Accountability
Economical