What do the terms lead and lag mean in the context of performance measures and why is

Question:

What do the terms ‘lead’ and ‘lag’ mean in the context of performance measures and why is this important?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

ISBN: 1645

6th Edition

Authors: Tracy Jones, Helen Atkinson, Angela Lorenz, Peter Harris

Question Posted: