Which One of the Following Statements Is Correct

Short Answer

Which one of the following statements is correct?
A. Peer group analysis is easier when a firm is a conglomerate versus when it only has a single
B. line of business.
C. Peer group analysis is easier when seasonal firms have different fiscal years.
D. Peer group analysis is simplified when firms use varying methods of depreciation.
E. Comparing results across geographic locations is easier since all countries now use a common
F. set of accounting standards.
G. Adjustments have to be made when comparing the income statements of firms which use different methods of accounting for inventory.