Measures That Can Be Determined Only After Something Is Finished

question 146

Multiple Choice

Measures that can be determined only after something is finished are called

• A)post-operations indicators.
• B)lagging indicators.
• C)input indicators.
• D)objective indicator.

---

Definitions:

Negotiable Instrument

A legal document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Security Interest

A legal claim or lien on collateral (property or assets) granted to secure the performance of an obligation, usually repayment of a debt.

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services to individuals and businesses.

Negotiable

Capable of being transferred or assigned to another party in return for value received; often used in reference to financial instruments.