Please answer the five questions.

1. Key performance indicator balanced scorecards will typically use common measures, such as customer satisfaction, process quality, cost, and employee satisfaction and morale.

True

False

2. Budgets can be prepared for any time period, but are usually developed for one year.

True

False

3. An important financial metric in the Balanced Scorecard is return on investment (ROI).

True

False

4. Which of the following is NOT a role of budgeting in organizations?

performance evaluation.

historical financial statements.

allocation of resources.

motivation of employees.

5. The MOST likely result of a negotiated transfer price is that it:

takes away the ultimate responsibility of the resulting transfer price from the two parties.

may reflect the relative negotiating skills of the two parties.

generally results in transferring more than the optimum number of units.

reflects purely economic considerations.