230k views
4 votes
In the process of benchmarking for a variable expense such payroll the typical metrics use are Total dollars and dollars per available rooms.

User Indreed
by
8.2k points

1 Answer

2 votes

Answer:

False

Step-by-step explanation:

Benchmarking is a process of evaluating the overall or segmental performance of a business by comparing the performance in the relevant segment to the industry standard or to the performance of a competitor in order to identify opportunities for improvement that are within control, using .

In payroll benchmarking , relative metrics can be total cost to payroll , cost per $1000 revenue to manage payroll and others.

Total dollars and dollars per available rooms are not good metrics for payroll benchmarking.

User Nils Lindemann
by
8.4k points

No related questions found