A Management Tool That Integrates Performance Measures Across Four Different

question 66

Multiple Choice

A management tool that integrates performance measures across four different perspectives to guide operations toward achieving an organization's strategy is called

• A)Performance dashboard.
• B)Balanced scorecard.
• C)Key performance measures.
• D)None of these ans choices are correct.

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Definitions:

Machine-Hours

A measure of production time referring to the total hours that machinery is in use during the manufacturing process.

Departmental Predetermined Rates

Standard rates used by departments to allocate costs based on estimated activity levels.

Manufacturing Overhead

All indirect costs associated with the production process, including costs related to factory equipment maintenance, utilities, and quality control.

Machine-Hours

A measure of the amount of time a machine is operated in the production process, used for allocating manufacturing overheads.