Performance reports often compare current performance with
A)a competing company's performance.
B)shareholders' expected level of performance.
C)industry standards.
D)performance in a prior period or budgeted performance.

Question

Quizplus · Accepted Answer

Performance reports are often used to compare current performance with performance in a prior period or budgeted performance. This allows companies to evaluate their progress towards achieving their goals and identify areas where improvements can be made. While comparing performance to industry standards or a competing company's performance can be useful, it is less common in performance reports. Shareholders' expectations may also be taken into consideration, but this would typically be included as part of the budgeted performance.

Performance Reports Often Compare Current Performance with