Which of the Following Statements About Benchmarks Is TRUE

question 186

Multiple Choice

Which of the following statements about benchmarks is TRUE?

• A)They may be financial or nonfinancial.
• B)They are used to compute variances.
• C)Broad benchmarks have more relevance.
• D)Obtaining benchmarks has no legal or ethical issues.
• E)Benchmarks are the main driver of strategic planning.

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Definitions:

Moral-rights View

An ethical perspective asserting that individuals have fundamental rights and liberties that must be respected in decision-making processes.

Ethical Behaviour

Acting in ways that are consistent with how one believes what is morally right or wrong.

Tough to Measure

Describes something difficult to quantify or assess accurately due to its complex, intangible, or variable nature.

Moral-rights View

An ethical perspective that emphasizes the importance of respecting and protecting individuals' rights in decision-making processes.