Financial performance is measured in many ways.

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Part $1$

Requirement $1.$ Explain the difference between lag and lead indicators.

Lag indicators are performance measures that tend to

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indicate future performance

report on present operations

reveal the results of past actions

$.$ They

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come after decisions and actions taken in the past

come at the same time as the current operations

come before, or drive, future performance

$.$ Lead indicators are performance measures that tend to

$$

indicate future performance

report on present operations

reveal the results of past actions

$.$ They

$$

come after decisions and actions taken in the past

come at the same time as the current operations

come before, or drive, future performance

$.$