Which of the Following Is Not One of the Common

question 2

Multiple Choice

Which of the following is not one of the common problems in measuring performance?

• A) Too much detail.
• B) Too much and wrong data.
• C) Measures that are short-term focused.
• D) Drive the wrong performance.
• E) All of these choices.

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Definitions:

Business Model Test

The asset is held within a business model whose objective is to hold assets in order to collect contractual cash flows.

Cash Flows Characteristics Test

The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest.

Financial Asset

An intangible asset deriving value due to a contractual claim, such as cash, stock, bonds, and bank deposits.

Objective Evidence

Objective evidence refers to information, facts, or data that can be quantifiably measured or verified, uninfluenced by feelings, interpretations, or bias.