The Following Selected Information Is from Acme's Annual Report for the Years

question 222

Multiple Choice

The following selected information is from Acme's annual report for the years ended December 31:

-Refer to the Acme annual report above.Which of the following statements is TRUE about the return on assets for 2011 and 2012?

• A)Return on assets increased in 2012 because the company made a large investment in additional property,plant & equipment in 2012.
• B)Return on assets increased in 2012 because net income is 50% higher in 2012 than in 2011,while property,plant and equipment increased 87.5%.
• C)Return on assets decreased in 2012 because the large investment in additional property,plant & equipment did not generate enough additional operating income.
• D)Return on assets decreased in 2012 because net income for 2012 is much larger than in 2011.

Acknowledge non-financial measures as predictors of future financial performance.

Understand the "cascade down" requirement in the balanced scorecard.

Grasp the fundamental characteristics of a balanced scorecard and its implementation.

Understand how net book value affects the interpretation of investment return.

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Definitions:

Fear

An emotion experienced in anticipation of some specific pain or danger, often causing physical and psychological reactions.

Emotion Work

The management of one's feelings and expressions based on the emotional requirements of a situation or role.

Produce Feeling

The act of generating emotional responses or sensations within oneself or others.

Task

A piece of work to be done or undertaken, often requiring effort or skill.