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Lecture Budgeting - Chapter 8: Performance reports

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Lecture Budgeting - Chapter 8: Performance reports

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Performance reports is a detailed statement that measures the results of some activity in terms of its success over a specific time frame. For example, an annual performance report might be produced for each employee of a business, or such a report might help management assess the success of a project or product and how well budgetary constraints were adhered to. This chapter will help students understand responsibility accounting and objective of responsibility accounting.

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