All of the following are appropriate benchmarks for a state or local government to use as a basis for comparing performance except:
A) A government's own operating results and financial position from prior years.
B) International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.
C) Federal agencies' financial information for a comparable time period.
D) Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau.

Question

Quizplus · Accepted Answer

Benchmarking is the process of comparing an organization's performance to that of other organizations or to industry standards. While A, B, and D are all appropriate benchmarks for a state or local government to use, C is not. Federal agencies may have different missions and operate under different regulations than state and local governments, making their financial information not directly comparable or relevant.

All of the Following Are Appropriate Benchmarks for a State