To Evaluate the Reliability of Performance Data in Cases Where

question 27

Multiple Choice

To evaluate the reliability of performance data in cases where a performance measurement system exists. All of the following are the steps that are included in the process EXCEPT:

• A) Document (map) component's existing performance measurement system.
• B) Determine if the reports produced by the existing system are adequate.
• C) Assess reliability, accuracy, and validity of data to support the existing systems.
• D) Test availability, reliability, and validity of existing data to support measures

---

Definitions:

Exclusive Use

The right to use a property or product without sharing it with others, often refers to licenses or real estate.

Economies of Scale

Refers to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Consent Decrees

Legal agreements that settle a dispute between two parties without admission of guilt but with an agreement to stop the contested activities.

Marginal Revenue

The additional earnings obtained from selling one more unit of a product or service.