1. It is important to gather meaningful accounting metrics to assess how well employees or units within a company meet the company's goals and objectives.

True

False

2. A company's balanced scorecard may include

a.only financial metrics

b.neither nonfinancial nor financial metrics

c.only nonfinancial metrics

d.both nonfinancial and financial metrics

3. The balanced scorecard elements are linked together by a

a.strategy map

b.strategic objective

c.standard cost card

d.strategic initiative

4. Two managerial accounting tools useful in considering the uncertainty of estimates are

a.capital rationing and expected value analysis

b.sensitivity analysis and expected value analysis

c.sensitivity analysis and capital rationing

d.net present value method and expected value analysis