Which of the Following Statements About Performance Metrics Is False

question 118

Multiple Choice

Which of the following statements about performance metrics is false?

• A)Performance metrics are used to assess performance in achieving the strategic objectives.
• B)Performance metrics are needed for 80% of the strategic objectives.
• C)Each strategic objective needs at least one performance metric.
• D)Performance metrics may be financial or nonfinancial in nature.

---

Definitions:

Tax Deductible

Tax Deductible refers to certain expenses that individuals or businesses can subtract from their gross income to reduce the amount of taxable income.

Market Values

The present cost at which a product or service may be purchased or sold in an open market.

Par Value

The face value of a stock or bond, representing the nominal or dollar value assigned when issued.

Debentures

A type of long-term debt instrument unsecured by physical assets or collateral, relying on the creditworthiness and reputation of the issuer.