Several Examples of Performance Measures Are Listed Below

question 83

Short Answer

Several examples of performance measures are listed below. Indicate which measures are financial (F)and which are nonfinancial (N).
____ 1. Number of warranty claims for defective products
____ 2. Training and development hours per employee
____ 3. Sales growth
____ 4. Return on sales
____ 5. Profit margin
____ 6. Market share
____ 7. Fixed overhead volume variance
____ 8. Employee turnover
____ 9. Customer satisfaction rating
____ 10. Cost of abnormal spoilage

Recognize how the direct and indirect methods for cash flows from operating activities are applied.

Identify the role of spreadsheets in preparing financial statements.

Analyze the effects of asset purchases, sales, and depreciation on cash flows.

Understand the importance of conflict resolution in managerial roles.

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Definitions:

Price

The amount of money required to purchase a good or service, determined by supply and demand dynamics in the market.

Demand Function

A mathematical expression describing the relationship between the quantity demanded of a good and factors that influence it, such as price, income, and prices of related goods.

Mead

An alcoholic beverage created by fermenting honey with water, and sometimes with various fruits, spices, grains, or hops.

Price

The expected price in currency, required, or given for a good or service.