The difference between a target and a time entry daily object

QUESTION: What is the difference between a target and a time entry daily object?

RESPONSE: The target is an annual chargeable hour standard used to calculate the pace a timekeeper needs in order to reach it based on actual hours completed to date, whereas the time entry daily objective is a per-day measure of time to be recorded (chargeable or non-chargeable) used to measure missed time.