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Which of the following statements is true of performance reports? A. The performance report depicts the performance of a firm's competitors. B. The performance report

Which of the following statements is true of performance reports?

The performance report depicts the performance of a firm's competitors.

The performance report contains no actual results due to confidentiality.

The performance report compares only the budgeted performance over the years.

The performance report shows actual performance as compared to the budget.

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