Question: Efficiency is ________. A. the degree to which a predetermined objective or target is met B. the difference between an actual input quantity and a

Efficiency is ________.

A. the degree to which a predetermined objective or target is met

B. the difference between an actual input quantity and a budgeted input quantity

C. the continuous process of comparing a firm's performance levels against the best levels of performance in competing companies

D. the relative amount of inputs used to achieve a given output level

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