Question

intracompany standards for financial statement analysis:
multiple choice
are based on a company’s prior performance and its relations between financial items.
are often set by competitors.
are set by the company’s industry through published statistics.
are based on rules of thumb.
are published by analyst services such as standard & poor’s.

Explanation:

Intracompany standards for financial statement analysis are internal benchmarks. They rely on a company's own past performance (trends over time) and the relationships between its financial items (like ratios of revenue to expenses, etc.). Competitors don't set a company's internal standards, industry - published stats are for intercompany/industry - wide, rules of thumb are general, and analyst services publish external/industry - related data, not intracompany standards. So the correct option is the one about being based on a company’s prior performance and financial item relations.

Answer:

A. Are based on a company's prior performance and its relations between financial items.