Performance reports are useful only to the extent that performance is measured against
A)a meaningful benchmark.
B)the performance of all other units or managers.
C)the budget as adopted for the period.
D)competitors' achievements.

Question

Quizplus · Accepted Answer

Performance reports are most useful when the performance is benchmarked against a relevant and meaningful benchmark. This allows for a comparison of performance and identification of areas where improvements can be made. Comparing performance against other units or managers may not be useful if they operate in different contexts or have different responsibilities. Comparing against the budget provides information on whether goals have been met, but not necessarily whether the performance is optimal. Comparing against competitors may be relevant in some cases, but not always.

Performance Reports Are Useful Only to the Extent That Performance