Q. Which of the following variable does ROI examine?
✅ Correct Answer: (B)
EVA
Enterprise Performance Management (EPM) MCQs and Notes
Q. Which of the following statements regarding flaws suffered by financial measures is not correct:
✅ Correct Answer: (D)
They are useful in identifying operational problems
Q. Which of the following statements is false? Balanced scorecards
✅ Correct Answer: (C)
Cannot be used in conjunction with budgetary control systems
Q. The U.S. National Quality Award is named after
✅ Correct Answer: (D)
Malcolm Baldrige
Q. The process of evaluating an employee’s current and/or past performance relative to his or her performance standards is called
✅ Correct Answer: (C)
performance appraisal
Q. The overall purpose of the balanced scorecard approach is to:
✅ Correct Answer: (A)
Help turn strategy into action
Q. Performance management is believed to have originated from which country?
✅ Correct Answer: (D)
USA
Q. In the balanced scorecard approach quality would come under which perspective?
✅ Correct Answer: (A)
The internal perspective
Q. A responsibility center in which the manager is held accountable for the profitable use of assets and capital is commonly known as a(n)
✅ Correct Answer: (D)
Investment center
Q. Which of the following is responsible for establishing a private company’s internal control?
✅ Correct Answer: (A)
Management