Performance Measurements and a Reward System Are Part of Which

question 11

Multiple Choice

Performance measurements and a reward system are part of which cost management element?

• A)motivational
• B)informational
• C)reporting
• D)all of the above

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Definitions:

Fixed Exchange-rate System

A currency system where the value of a country's currency is pegged to the value of another currency, a basket of other currencies, or another measure of value such as gold.

Demand for Dollars

Refers to the global desire or need for U.S. currency, driven by its use in international trade, investment, and as a reserve currency.

Balance of Payments Surplus

A situation where the total of the payments received from abroad exceeds the total of the payments made to abroad.