Question : Choose which of the following statements is correct.
Option 1: When a single set of statements of two firms is compared, it is known as Cross-sectional Analysis.
Option 2: A comparison of two or more enterprises or firms is known as Inter- firm Comparison.
Option 3: Both 1 and 2
Option 4: None of the above
Correct Answer: Both 1 and 2
Solution : Answer = Both 1 and 2
1. When a single set of statements of two firms is compared, it is known as Cross-sectional Analysis.
2. A comparison of two or more enterprises or firms is known as inter-firm Comparison.
Hence, the correct option is 3.



