Which of the Following Is Not a Reason Companies Use

question 40

Multiple Choice

Which of the following is not a reason companies use key performance indicators?

• A)To align business activity with corporate strategy
• B)To improve company performance
• C)To improve timeliness of business decisions
• D)To measure production efficiency in the past few months

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Definitions:

Tender

An offer to perform an obligation or a bid to buy securities, goods, or services at a specific price.

Tender of Payment

The presentation of money or a means of payment to fulfill a debt or obligation, usually in the exact amount owed.

Conforming Goods

Goods that meet the specifications and standards outlined in a sales contract.

Legal Tender

Money that must be accepted if offered in payment of a debt; the legally recognized form of payment within a given jurisdiction.