Question

Describe how financial performance is related to the operating performance of a government entity.

Answer 1

Great financial performance is estimated by monetary condition and money related position which gives off an impression of being a fundamental condition to efficient and viable activities of the government. Notwithstanding, these segments of monetary condition don't guarantee that an administration is working productively and viably. Accomplishing proficient and viable utilization of beneficial assets requires imaginative planning and proper executives procedures. Estimating operating performance is better done through evaluation of endeavors and achievements and results, instead of ratio analysis.