A Performance Report Is a Type of Accounting Report

question 28

Multiple Choice

A performance report is a type of accounting report.What information does a performance report compare?

• A)planned data with actual data
• B)audited data with actual data
• C)managers' bonuses with performance ratings by supervisors
• D)actual data with industry standards

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Definitions:

Flow of Funds

The movement of money between different sectors of an economy, illustrating how funds are distributed and used.

Derivative Securities

Instruments in financial markets that derive their value from an underlying asset, index or financial benchmark, designed for risk management and speculative purposes.

Nikkei Stock Index

A stock market index for the Tokyo Stock Exchange, representing the performance of leading companies in Japan.

FTSE

The Financial Times Stock Exchange Group, a company that specializes in index calculation. Often referenced with its indices such as the FTSE 100.