A performance report compares the differences between:
A) Actual results and predicted results.
B) Actual results over several periods.
C) Predicted results over several periods.
D) Predicted results over several levels of activity.
E) Predicted results and standard results.

Question

Quizplus · Accepted Answer

A performance report compares the actual results achieved during a specific period to the predicted results. It analyzes the differences between the two to determine the reasons for the variances, identify areas of improvement, and make necessary adjustments to achieve the desired outcomes. Option A is correct because it compares the actual results with the predicted ones, which is the main purpose of a performance report. The other options are not relevant to the definition of a performance report.

A Performance Report Compares the Differences Between