The new year has begun, and Casey has received the first month's actual expenditures. In reviewing the data provided, she realizes the key performance indicators (KPIs) set by the master budget for labor overtime has been exceeded. She asks for a detailed report of transactions that were used to calculate the KPIs. The data she was provided came from the
A) actual labor hours reported by the employees.
B) master budget numbers developed for the current year.
C) objectives set by the company during the strategic planning process.
D) techniques that were chosen to support the strategies adopted by the company.

Question

Quizplus · Accepted Answer

KPIs are created using the actual transactions that are recorded by the company for the given period. Employees would report their daily work hours. Any hours worked above the weekly normal hours would be identified as overtime and used to calculate the KPIs for overtime labor.

The New Year Has Begun, and Casey Has Received the First