Which of the following statements concerning performance reports is NOT correct?
A)The performance report shows actual performance as compared to the budget.
B)The performance report is a feedback tool.
C)The performance report often leads to more investigations and action.
D)The performance report contains no actual results due to confidentiality.

Question

Quizplus · Accepted Answer

The statement that the performance report contains no actual results due to confidentiality is not correct. A performance report shows actual results and compares them with the budgeted targets. The purpose of the report is to provide feedback to management and to identify areas where improvements can be made. It often leads to investigations and actions to correct any deviations from the budget. However, some performance information may be considered confidential and may need to be reported only to specific individuals or groups.

Which of the Following Statements Concerning Performance Reports Is NOT