Question

One company's practice is to provide bonuses to salespeople who exceed their sales targets. Which of the following advantages of budgeting enabled the company to establish its recognition program?
Answer

a. Planning
b. Corrective action
c. Coordination
d. Performance measurement

Answer 1

Answer:

The correct answer is D

Explanation:

Performance measurement is the term which is defined as the regular evaluation of the results and the outcomes, which help in generating the reliable data on the efficiency as well as the effectiveness of the person.

So, the company offer bonus to the salesperson who perform well their performance or exceed the sales targets, they will be given benefits of the budgeted enabled the business for establishing the recognition program will be the performance measurement.