Which of the Following Explicitly Measures a Composite of Financial,customer,internal

question 135

Multiple Choice

Which of the following explicitly measures a composite of financial,customer,internal processes,and employee factors to reward executive performance?

• A)Profit sharing plans.
• B)ESOPs.
• C)Gainsharing plans.
• D)Share options.
• E)None of the answers apply.

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Definitions:

Salaries and Wages Expense

The total amount spent by a company on its employees' salaries and wages over a specific period.

Accrued

Refers to incomes or expenses that have been incurred but not yet recorded in the financial statements due to the timing of cash flows.

Enhancing Quality

The process of implementing measures and practices that improve the quality of products, services, or processes.

Materiality

An accounting principle that means the significance of financial information to decision-making; insignificant details are disregarded.