ch 21 pq1

ch 21 pq1 - C21 PQ1 C21 Los 2-6 Not one True-False 1. 2. 3....

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C21 PQ1 C21 Los 2-6 Not one True-False 1. T F The balanced scorecard assumes an organization will get what it measures. 2. T F An effective performance management and evaluation system focuses primarily on financial performance. 3. T F Responsibility accounting classifies data according to areas of responsibility. 4. T F Performance reports vary in format by responsibility type. 5. T F Traditional performance measures include economic value added and residual income. 6. T F The concept of economic value added is similar to residual income. 7. T F An effective performance management and evaluation system ties compensation incentives to the achievement of performance targets. Multiple Choice 8. Which of the following is not one of the balanced scorecard’s major stakeholder groups? A. Internal business processes B. Learning and growth C. Government D. Financial E. Customer 9. When using the balanced scorecard, what is the linking order? A.
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This note was uploaded on 04/25/2011 for the course ACC 101 taught by Professor Dasd during the Winter '08 term at DePaul.

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ch 21 pq1 - C21 PQ1 C21 Los 2-6 Not one True-False 1. 2. 3....

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