Which One of the Following Is a Measure of the Performance

question 32

Multiple Choice

Which one of the following is a measure of the performance of the manager of a profit centre?

• A)ROI
• B)Success in meeting budgeted goals for non-controllable costs
• C)Amount of controllable margin generated
• D)Amount of residual income generated

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Definitions:

Framing Effect

A cognitive bias where people react differently to a particular choice or situation depending on how it is presented.

Availability Heuristic

A cognitive bias that leads people to overestimate the likelihood of events based on their ability to recall examples.

Intrinsic Motivation

The drive to engage in an activity for its own sake, enjoying the process without needing external rewards.

Creativity

the ability to produce original and valuable ideas or things, often involving thinking or acting outside traditional patterns or rules.