Which of the Following Performance Measures Would Be Classified as a Lag

question 27

Multiple Choice

Which of the following performance measures would be classified as a lag indicator for a coachline company whose objective was to improve profitability?

• A) Number of new passengers each month
• B) Profitability of each trip
• C) Cost of diesel fuel
• D) Average ticket cost per kilometre

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; concerning right and wrong behavior.

Greatest Good

A principle often associated with utilitarianism, emphasizing actions that maximize happiness or benefits for the largest number of people.

Due Process

A legal principle ensuring fair treatment through the normal judicial system, especially as a citizen's entitlement.

Denied

The refusal to grant a request or deny access to resources or rights.