A performance report compares actual revenue and expenses with _____________ revenues and expenses.
A)budgeted
B)last year's
C)next year's
D)another company's

Question

Quizplus · Accepted Answer

A performance report compares actual revenue and expenses with the budgeted revenues and expenses to evaluate how well the company is performing against its expectations and plans. Comparing with last year's revenues and expenses or next year's revenues and expenses would not provide an accurate picture of the company's present performance. Comparing with another company's revenues and expenses is not relevant to evaluating the company's own performance.

A Performance Report Compares Actual Revenue and Expenses with _____________