Which of the following reports provides key financial and nonfinancial measures of performance?
A) Flexible budget variance report
B) Performance report
C) Production report
D) Common costs report

Question

Quizplus · Accepted Answer

The performance report provides key financial and nonfinancial measures of performance such as actual vs. budgeted revenues and expenses, profitability ratios, customer satisfaction ratings, and employee productivity metrics. Flexible budget variance reports only compare actual costs to flexible budget costs, production reports focus on physical output measures, and common cost reports detail shared costs among departments.

Which of the Following Reports Provides Key Financial and Nonfinancial