Accounting

ades Chapter 23 (Continued): Evaluating Variances from Standard Costs brary Requirement 1: oom The senior management of ABC Corp. has proposed the following three performance measures for the company: Course Evaluations 1. Net income as a percent of stockholders' equity 2. Revenue growth 3. Employee satisfaction Management believes these three measures combine both financial and nonfinancial measures and, as such, are superior to using just financial measures. What advice would you give ABC Corp. for improving its performance measurement system? Requirement 2: Berkeley College wants to monitor the efficiency and quality of its course registration process. Please identify two input and two output measures for this process. Please explain why Berkeley College would use nonfinancial measures for this process