Explain the difference between a lag indicator and a lead indicator.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Jan 16, 2015 11:15 AM

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Explain the difference between a lag indicator and a lead indicator.

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A lag indicator is a performance measure that indicates past performance A lead indicator forec...View the full answer

Horngrens Financial and Managerial Accounting

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