Which Statement Concerning Performance Reports Is NOT Correct

question 67

Multiple Choice

Which statement concerning performance reports is NOT correct?

• A)The performance report contains no actual results due to confidentiality.
• B)The performance report shows actual performance as compared to the budget.
• C)The performance report often leads to more investigations and action.
• D)The performance report is a feedback tool.

---

Definitions:

WACC

A firm's Weighted Average Cost of Capital is derived by calculating the cost of capital for each capital category and then weighting these costs according to each category's presence in the total capital structure.

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Cash Flow

The overall movement of capital entering and leaving a firm, which directly affects its solvency.

IRR

The Internal Rate of Return is a financial measure utilized in the evaluation of capital investments to determine their expected profitability.