1. LO 12.1Components of the organization that are demotivating for purposes of performance management are known as ________. 2. LO 12.1When managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is ________.
3. LO 12.1Goal congruence in well-designed performance measurement systems best explains a congruence between ________.
4. LO 12.1Responsibility accounting holds managers responsible for ________.
5. LO 12.1Performance measures are only useful if ________.
6. LO 12.2Which of the following is not a characteristic of a good performance measurement system?
7. LO 12.2A good performance measurement system will align the goals of management with ________.
8. LO 12.2What should an organization do if performance measures change?
9. LO 12.2A good performance measurement system will include which of the following?
10. LO 12.2Without proper performance measures, goal congruence is almost impossible to achieve and will likely lead to ________.
11. LO 12.3Dixon Construction Materials has collected this information:
Based on this information, what is the EVA for the project?
12. LO 12.3The cost of equity is ________.
13. LO 12.3Which of the following measures the profitability of a division relative to the size of its investment in capital assets?
14. LO 12.3The capital structure of Ridley Enterprises is: Debt 40%, Equity 60%. The cost of debt is 13%, and the cost of equity is 16.5%. What is the weighted average cost of capital for Ridley Enterprises?
15. LO 12.3Calculate the ROI for Gardner Chemical given the following information:
16. LO 12.4Which of the following statements is false?
17. LO 12.4The metrics based on nonfinancial information are known as ________.
18. LO 12.4The metrics based on financial numbers produced by the accounting system are ________.
19. LO 12.4People affected by decisions made by a company, including investors, creditors, employees, managers, regulators, customers, suppliers, and laypeople, are known as ________.
20. LO 12.4The owners of company stock are ________.
Which of the following is not one of the three types of responsibility accounting systems?Accounting centre is not a part of responsibility accounting.
Which of the following is a feature of responsibility accounting?Features of Responsibility Accounting
Responsibility accounting system can be implemented only on the basis of due information of input and output. The monetary term of inputs is costs, and outputs are correspondingly called revenues. Hence, cost and revenue information is crucial for responsibility accounting.
Which of the following is not an example of responsibility center?Sales center is not a responsibility center as it only defines the amount of sales of an organisation in a particular year or period. Was this answer helpful?
Which of the following responsibility accounting system translates the strategy of an organization into operational objectives and measures?The Balanced Scorecard translates an organization's mission and strategy into operational objectives and performance measures for four different perspectives: The financial perspective. The customer perspective.
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