Which of the Following Is an Example of Nonfinancial Performance

question 170

Multiple Choice

Which of the following is an example of nonfinancial performance measure?

• A) percentage of products started and completed without requiring any rework
• B) direct manufacturing labor efficiency variance
• C) direct materials price variance
• D) quantity discounts obtained on order of large quantity

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Definitions:

M1

A category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other liquid assets accessible for immediate spending.

Financial Intermediaries

Institutions that facilitate the channeling of funds between lenders and borrowers by accepting funds from lenders and loaning funds to borrowers.

Insurance Premiums

Payments made by individuals or businesses to insurance companies to cover the cost of insurance policies.

Repackage

To change the packaging of a product, potentially to refresh the brand image, improve functionality, or target a different consumer segment.