A Performance Measure Is Actionable If

question 99

Multiple Choice

A performance measure is actionable if

• A)something can be done to influence its value.
• B)it is complete and accurate.
• C)it is clearly and directly related to the process it measures.
• D)it is based on actual results rather than on estimates.

Distinguish between direct and indirect expenses and their impact on departmental performance.

Understand the concept of operating income, both before and after support department allocations.

Identify how support department allocations impact a division's financial performance.

Determine the roles and performance evaluation metrics for different types of managers within decentralized units (profit, cost, and investment centers).

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Definitions:

Manipulated

Refers to an item or variable that is intentionally changed or adjusted in a study to observe its effects.

Independent Variable

The variable that is manipulated or changed in an experiment to test its effects on dependent variables.

Room Decorations

Elements and objects used to enhance the aesthetic appeal and functionality of a living space.

Food Consumed

The types and amounts of food ingested by an organism or individual.