Which of the Following Statements About Benchmarks Is True

question 135

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:

Safety Pin

A pin, made of metal or plastic, that is designed with a simple spring mechanism and a clasp to protect the user from being poked by the sharp point.

Room Temperature

The ambient temperature of a living space, generally considered comfortable for humans, typically around 68°F to 72°F (20°C to 22°C).

Pulmonary Aspiration

The inhalation of food, liquid, or other substances into the lungs, potentially causing inflammation or infection.

Blue Food Coloring

Synthetic or natural substances used to impart blue color to food products, sometimes derived from plants, minerals, or produced chemically.