Inter-Firm Comparisons: Meaning and Prerequisites | Accounting

In this article we will discuss about:- 1. Meaning of Inter-Firm Comparisons 2. Prerequisites for Inter-Firm Comparisons 3. Problems. Meaning of Inter-Firm Comparisons: Inter-firm comparisons is a technique of evaluation of performance, efficiency, costs, profits etc. of firms producing same type of products. It consists of voluntary exchange of information/data concerning costs, prices, profits, productivity, efficiency among the concerns engaged [...]