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  3. Study Set
    Cost Accounting Study Set 2
  4. Exam
    Exam 11: Budgeting, Management Control and Responsibility Accounting
  5. Question
    Actual Results Should NOT Be Compared Against Past Performance Because
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Actual Results Should NOT Be Compared Against Past Performance Because

Question 3

Question 3

Multiple Choice

Actual results should NOT be compared against past performance because:


A) past results may contain mistakes and substandard performance.
B) past performance is an indicator of future performance.
C) future conditions will be similar to past conditions.
D) past results will never happen again.

Correct Answer:

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