Decreases total shareholders equity 28

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Decreases total shareholders’ equity 28. (DECENTRALIZATION & PERFORMANCE EVALUATION) Which of the following is necessary for any valid performance measurement? A. It must be part of the financial accounting system in use. B. It must be quantifiable. C. Goal congruence must be promoted by its use. D. It must be financial in nature.
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MANAGEMENT ADVISORY SERVICES - THEORIES Page 6 29. (DECENTRALIZATION & PERFORMANCE EVALUATION) A balanced scorecard A. records the variances between budgeted and actual revenues and expenses. B. can be used at multiple organizational levels by redefining the categories and measurements. C. is most concerned with organizational financial solvency and business processes. D. all of the above. 30. (DECENTRALIZATION & PERFORMANCE EVALUATION) Productivity is measured by the A. total quantity of output generated from a limited amount of input during a time period. B. quantity of good output generated from a specific amount of input during a time period. C. quantity of good output generated from the quantity of good input used during a time period. D. total quantity of input used to generate total quantity of output for a time period. 31. (DECENTRALIZATION & PERFORMANCE EVALUATION) A small manufacturing company recently stated its sales goal for a period was P100,000. At this level of activity, its budgeted expenses were P80,000. Its actual sales were P100,000, but its actual expenses were P85,000. This company operated A. effectively and efficiently B. neither effectively nor efficiently. C. effectively but not efficiently. D. efficiently but not effectively. 32. (DECENTRALIZATION & PERFORMANCE EVALUATION) The format for internal reports in a responsibility accounting system is prescribed by: A. Generally Accepted Accounting Principles B. The Financial Accounting Standards Board C. The Philippine Institute of Certified Public Accountants D. Management 33. (DECENTRALIZATION & PERFORMANCE EVALUATION) In the balanced scorecard framework, a survey of employee satisfaction is a potential measure in which of the four perspectives? A. Financial B. Customer C. Internal business processes D. Learning and growth 34. (DECENTRALIZATION & PERFORMANCE EVALUATION) A company’s rate of return on investment (ROI) is equal to the A. Percentage of profit on sales divided by the capital employed turnover rate. B. Percentage of profit on sales multiplied by the capital employed turnover rate. C. Investment capital divided by the capital employed turnover rate. D. Investment capital multiplied by the capital employed turnover rate.
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MANAGEMENT ADVISORY SERVICES - THEORIES Page 7 35. (DECENTRALIZATION & PERFORMANCE EVALUATION) The primary reason for adopting Total Quality Management (TQM) is to achieve A. Greater customer satisfaction. B. Reduced delivery time. C. Reduced delivery charges.
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