Direct Materials Variances,direct Labor Variances,return on Investment,residual Income and EVA

question 162

Short Answer

Direct materials variances,direct labor variances,return on investment,residual income and EVA are performance measures that are

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Definitions:

Daily Feedback

Continuous or regular comments provided on a daily basis to improve or guide performance.

Goal Setting

The process of identifying something that you want to accomplish and establishing measurable goals and timeframes.

Verbalizing Steps

The process of expressing or articulating the steps of a procedure or task using words, often used as a technique in teaching and cognitive psychology.

Guided Practice

An instructional approach where the teacher closely supervises students as they practice newly acquired skills or concepts.