Performance must be measured to verify the achievement of goals.Generally an entity's goals are expressed in a:
A)financial statement
B)mission statement
C)benchmark
D)income statement

Question

Quizplus · Accepted Answer

An entity's goals are generally expressed in a mission statement, which outlines the organization's purpose, values, and goals. Financial statements and income statements provide financial information but do not necessarily express goals. Benchmarks may be used as a tool for measuring performance, but they do not necessarily express goals either.

Performance Must Be Measured to Verify the Achievement of Goals