Answer the following statements true (T) or false (F)
1. A lag indicator is a performance measure that forecasts future performance.
2. Operational performance measures are nonfinancial measures that evaluate a firm's performance on the basis of effectiveness and efficiency to ensure all segments of the business are working together to achieve the company's goals.
3. The balanced scorecard is a performance evaluation system that requires management to consider financial measures of performance, but not nonfinancial measures.
4. Key performance indicators (KPIs) are summary performance measures that help managers assess whether the company is achieving its goals.
5. The balanced scorecard focuses only on lead indicators, because lag indicators are not important for performance evaluation.
6. A company uses a balanced scorecard and has established a key performance indicator for product quality. If the actual warranty claims are higher than expected, there is an indication that the quality standards have been met.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. FALSE
6. FALSE
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One response made to young white males who claim that they did not cause the harm done by past discrimination and, therefore, are being unfairly harmed by being denied equal access is that they are simply being denied something they did not deserve-that is, an unfair competitive advantage.
Answer the following statement true (T) or false (F)
The total costs that will be transferred into the Finished Goods Inventory account during the current period are
a. $144,768. b. $180,050. c. $164,736. d. $160,080.
The Federal Communications Commission issues licenses and regulates the operation of television and radio stations. This is an example of a(n) ________
A) general government regulation B) specific government regulation C) cabinet-level federal department D) independent federal administrative agency
The company has many ____ policies in place
A) non-discriminatory B) non discriminatory C) nondiscriminatory