Which of the following statements about peer groups is most accurate? A. Constructing a peer group for
Question:
Which of the following statements about peer groups is most accurate?
A. Constructing a peer group for a company follows a standardized process.
B. Commercial industry classification systems often provide a starting point for constructing a peer group.
C. A peer group is generally composed of all the companies in the most narrowly defined category used by the commercial industry classification system.
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Step by Step Answer:
B is correct Constructing a peer group is a subjective ...View the full answer
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