Question: Given below is an excerpt from a management performance report: Budget Actual Difference Contribution margin $700000 $750000 $50000 Controllable fixed costs $500000 $450000 $50000 The

Given below is an excerpt from a management performance report: Budget Actual Difference Contribution margin $700000 $750000 $50000 Controllable fixed costs $500000 $450000 $50000 The manager's overall performance is 50% below expectations. is equal to expectations. is 50% above expectations. cannot be determined from information given

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=+ Is the information documented and verifiable?

=+ Is the information presented in an objective manner?