Identify the Incorrect Statement Pertaining to the GNI Per Capita

question 157

Multiple Choice

Identify the incorrect statement pertaining to the GNI per capita.

• A) The GNI per capita in the United States is the highest in the world.
• B) The GNI per capita is quite high in the United States, Japan, and Germany.
• C) The GNI per capita gives some idea of the income level of people in the country.
• D) Many managers see great potential in countries where GNI per capita is low.
• E) Managers see less competition where GNI per capita is low.

Recognize the importance of aligning strategic objectives with performance metrics.

Understand the role of nonfinancial and financial metrics in performance measurement.

Recognize strategic performance measurement systems and their applications.

Identify appropriate performance metrics for different perspectives of the balanced scorecard.

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Definitions:

Credit Card Debt

A type of unsecured liability which accrues when a consumer purchases goods or services with a credit card and fails to pay back the borrowed amount within the stipulated period.

Car Loan

A personal loan used to purchase a car, paid back in installments over a period of time, usually with interest.

Mortgage Rate

The interest rate charged on a mortgage, determining the size of the monthly payments by the borrower to the lender.

Assessed Value

The dollar value assigned to a property for purposes of measuring applicable taxes or the value of a property as determined by an appraisal method by a public tax assessor.