Return on Assets Is an Example of a Performance Measure

question 17

Multiple Choice

Return on assets is an example of a performance measure in the following group

• A)Financial perspective
• B)Customer perspective
• C)Internal business process perspective
• D)Learning and growth perspective

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Definitions:

Fixed Overhead

Costs that do not vary with the level of production or sales volume, including rent, salaries, and insurance.

Monthly Lease Payments

Regular payments made for the use of property or equipment over a set period, typically agreed upon in a lease contract.

Production Equipment

The machinery and tools used in the production process to manufacture products.

Cost Of Goods Sold

The expenses directly linked to the creation of products a company sells, including both materials and labor costs.