The following statements have been made about a balanced scorecard (BSC) performance reporting system.
(1) There must be just one key performance indicator (KPI) for each of the four perspectives of performance.
(2) A performance target to reduce the amount of wastage in production would relate to the innovation and learning perspective of the BSC.
Which of the above statements is/are true?
There can be (and usually are) several key performance indicators for each of the four perspectives of performance. A performance target to reduce the amount of wastage in production would relate to the internal perspective of the BSC.
多做几道
The following statements have been made about material price planning variances:
(1) The publication of material price planning variances should always lead to automatic updates of standard costs.
(2) The causes of material price planning variances do not need to be investigated by managers at any level in the organisation.
Which of the above statement(s) is/are true?
Leaf limited has had a mixed year. Its market share has improved two percentage points to 20% but the overall market had contracted by 5% in the same period. The budgeted sales were 504,000 units and standard contribution was $12 per unit.
What is the level of actual sales?
The finance director of Paint Mixers Ltd has produced the table below showing the variance results for the first three months of the year:
January February March
Material price variance $3,000 A $2,000 A $1,000 A
Material mix variance $2,000 A $750 A $100 F
Material yield variance $4,000 A $2,000 A $50F
Which of the following interpretations of the variances analysis exercise above is NOT correct?
The following statements have been made in relation to the use of standard costs in rapidly changing environments:
(1) Variance analysis results will take into account important criteria such as customer satisfaction or quality of production.
(2) Achieving standards is suitable in most modern manufacturing environments.
Which of the above statement(s) is/are true?
The following statements have been made about planning and control as described in the three tiers of Robert Anthony’ s decision-making hierarchy:
(1) Strategic planning is concerned with making decisions about the efficient and effective use of existing resources.
(2) Operational control is about ensuring that specific tasks are carried out efficiently and effectively.
Which of the above statements is/are true?
最新试题
该科目易错题
该题目相似题
