Which of the following statements about benchmarks is true?
A) They may be financial or nonfinancial.
B) They are used to compute variances.
C) Broad benchmarks have more relevance.
D) Obtaining benchmarks has no legal or ethical issues.
E) Benchmarks are the main driver of strategic planning.

Question

Quizplus · Accepted Answer

Benchmarks may be financial or nonfinancial, depending on the areas being evaluated.

Which of the Following Statements About Benchmarks Is True