A System of Performance Measures, Including Nonfinancial Measures, Used to Assess

question 161

Multiple Choice

A system of performance measures, including nonfinancial measures, used to assess company and division manager performance is:

• A) Hurdle rate.
• B) Return on investment.
• C) Balanced scorecard.
• D) Residual income.
• E) Investment turnover.

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Definitions:

Spiracles

Small openings on the surface of some animals, like insects, that lead to the respiratory system, allowing gas exchange.

Ventilate

To provide with a supply of fresh air by allowing air to flow through a space, often through natural or mechanical means.

Respire

The process by which living organisms take in oxygen and release carbon dioxide, involved in energy production.

Gas Exchange

The biological process through which organisms, such as plants and animals, exchange gases with their environment, involving oxygen and carbon dioxide.