Which of the following is a method firms used to help track employee performance on a real-time basis?
A)Budget reconciliation report.
B)Process control charts.
C)Labor efficiency variance.
D)Spending variance.
E)None of the above.

Question

Quizplus · Accepted Answer

Process control charts are commonly used to track employee or process performance on a real-time basis. They help measure and analyze the variability and efficiency of a process or employee performance, and identify areas for improvement. Budget reconciliation report, labor efficiency variance, and spending variance are financial performance metrics and not necessarily used for real-time tracking of employee performance.

Which of the Following Is a Method Firms Used to Help