Leading indicators provide managers with the information they need to
A)calculate direct material and direct labor variances.
B)take timely, corrective action.
C)prepare GAAP-based financial statements.
D)All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Leading indicators are used to provide managers with timely information that can help them take corrective action before problems escalate. They are not related to calculating direct material and labor variances or preparing GAAP-based financial statements.

Leading Indicators Provide Managers with the Information They Need to