Both the Comparative and the Attribute Approaches to Performance Measurement

question 89

Multiple Choice

Both the comparative and the attribute approaches to performance measurement are

• A)high on strategic congruence.
• B)very low on specificity.
• C)low on acceptability.
• D)high on reliability.
• E)very high on validity.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Reconciliation

The process of ensuring two sets of records, such as bank statements and company ledgers, are in agreement, identifying discrepancies, and making adjustments if necessary.