What Is a Feature or Benefit of Comparative Reporting

question 20

Multiple Choice

What is a feature or benefit of comparative reporting?

• A) It arranges records in order of severity of the problem with the most severe at the beginning of the report.
• B) It arranges together actual data for a current period with either budget data for the current period or actual data for a prior period.
• C) It allows management to focus on data with significant deviations from expected results.
• D) It provides reports of production hours worked to production personnel.

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Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.

Knitting

The craft or action of creating fabric by interlocking loops of yarn using needles.

Baking

The process of cooking food by dry heat, typically in an oven.

Division Of Labor

Breaking down the production of a good into separate tasks