Leading Indicators and Lagging Indicators both play an importantrole in Performance Evaluation. From the various indicators coveredin this module (or other measures not addressed in the module),select four that serve a lagging indicators and four that serve asleading indicators, and briefly defend your choice. (Note: identifyone leading and lagging indicator for each category shown below.Financial - Common Size Analysis. Lagging Indicator LeadingIndicator Financial - Ratio Analysis. Lagging Indicator LeadingIndicator Balanced Scorecard – Internal Business Processes. LaggingIndicator Leading Indicator Balanced Scorecard – Learning &Growth. Lagging Indicator Leading Indicator?