What Common Source of Information for Measuring Performance Has the Disadvantage

question 41

Multiple Choice

What common source of information for measuring performance has the disadvantage of being provided with filtered information that can't be documented?

• A) oral reports
• B) written reports
• C) personal observations
• D) statistical reports

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Definitions:

Industry Average

The average performance, metrics, or characteristics of companies within a particular sector.

Current Payables

Short-term obligations or debts a company owes to its creditors that are due within one year.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

Payroll

The total amount of wages and salaries paid by a company to its employees.