Match the following:

1) a, 2) b, 3) c, 4) d

Users of final statements- External and internal analysis. Users can be internal like management, employees or external like government, creditors etc.

Time- Short-term and long-term analysis. Comparison can be done for a short-term or long-term period.

Firm- Intra-firm and inter-firm analysis. A firm would like to compare its performance with that of other firms and of industry in general. The comparison is called inter-firm comparison. If the performance of different units belonging to the same firm is to be compared, it is called intra-firm comparison.