Which of the Following About a Strategic Performance Measurement System

question 31

Multiple Choice

Which of the following about a strategic performance measurement system (SPMS) is incorrect?

• A) It is a system that focuses on translating a strategy into financial and non-financial measures.
• B) SPMS requires linking performance measures in cause-and-effect relationships.
• C) SPMS always require the development of a strategy map first, followed by a balanced scorecard.
• D) SPMS can be used by non-profit organisations.

Comprehend the debt to total assets ratio for evaluating a company's solvency.

Identify the relevance of the price-earnings ratio in assessing a company's stock value.

Understand the basic earnings per share and its significance to investors.

Recognize the importance of financial reporting objectives and the conceptual framework of accounting.

---

Definitions:

Physically Healthier

Refers to a state of improved physical well-being, often achieved through exercise, proper nutrition, and avoiding harmful habits.

Collectivist Cultures

Societies that prioritize the group over the individual, emphasizing community, cooperation, and shared values.

Individualistic Cultures

Cultures that emphasize the importance of individual goals, autonomy, and personal achievements over collective ones.

Cultural Differences

The variations in practices, norms, and values among people from different societies or social groups.