100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CH 24 - Performance Measurement, Compensation, and Multinational Considerations questions with answers. $10.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. CIMP - Certificate In Investment Performance Measurement
  4.  
  5. CIMP - Certificate in Investment Performance Measurement

Exam (elaborations)

CH 24 - Performance Measurement, Compensation, and Multinational Considerations questions with answers.
 3 views  0 purchase
  • Course
  • CIMP - Certificate in Investment Performance Measurement
  • Institution
  • CIMP - Certificate In Investment Performance Measurement

CH 24 - Performance Measurement, Compensation, and Multinational Considerations questions with answers.

Preview 2 out of 11  pages

Document information

  • September 23, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ch 24 performance measurement compensation and

Written for

  • CIMP - Certificate in Investment Performance Measurement
  • CIMP - Certificate in Investment Performance Measurement

Seller

avatar-seller
PROFESSORAILAH

Content preview

CH 24 - Performance Measurement,
Compensation, and Multinational
Considerations questions with answers.
1) A report that measures financial and nonfinancial performance measures for various organization
units in a single report is called a(n) ________.

A) balanced scorecard

B) financial report scorecard

C) goal-congruence report

D) investment success report ANS -A) balanced scorecard



2) Customer-satisfaction measures are an example of the ________.

A) goal-congruence approach

B) balanced scorecard approach

C) financial report scorecard approach

D) investment success approach ANS -B) balanced scorecard approach



3) An example of a performance measure with a long time horizon is ________.

A) direct materials efficiency variances

B) overhead spending variances

C) number of new patents developed

D) quality of room service ANS -C) number of new patents developed



4) Average number of repeat visits in a spa unit is a ________ measure on a balanced scorecard.

A) customer perspective

B) financial perspective

C) learning-and-growth perspective

D) internal-business-process perspective ANS -A) customer perspective

, 5) Which of the following steps in designing an accounting-based performance measure includes
decisions such as defining assets as total assets or net assets in the calculation of return on assets?

A) choosing performance measures that align with top management's financial goals

B) choosing the time horizon of each performance measure

C) choosing the details for each performance measure

D) choosing a target level of performance ANS -C) choosing the details for each performance measure



6) Which of the following steps in designing an accounting-based performance measure includes
decisions of selecting net income as a measure of financial performance?

A) choosing performance measures that align with the firm's financial goals

B) choosing the time horizon of each performance measure

C) choosing the details for each performance measure

D) choosing a target level of performance ANS -A) choosing performance measures that align with the
firm's financial goals



7) Which of the following is true about designing an accounting-based performance measure?

A) The decisions made in steps are followed in a hierarchial order.

B) The issues considered in each step are independent.

C) Management's beliefs are not required during the analyses.

D) Behavioral criteria are important when evaluating the steps. ANS -D) Behavioral criteria are
important when evaluating the steps.



1) All of the following are ways to calculate different versions of ROI except ________.

A) Revenues/Total Assets

B) Return on sales x investment turnover

C) Income/Investments

D) Operating Income/Revenues x Revenues/Total Assets ANS -A) Revenues/Total Assets

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller PROFESSORAILAH. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart