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:

Outlook Address Book

A feature within Microsoft Outlook that stores and organizes email addresses and contact information.

Word Mail Merge

A feature in Microsoft Word that allows users to create documents (like letters or labels) that are personalized for each recipient from a data source.

Dollar Amounts

Quantitative measures expressed in units of currency, commonly used to refer to sums of money in financial transactions.

Exact Dollar

A term that specifies a precise amount of money, down to the last penny, without rounding or estimation.