Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.
Match each phrase that follows with the term it describes.
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Evaluation of how profit will change based on an alternative course of action | Possible result of using an inappropriate overhead allocation method | Revenue forgone from an alternative use of an asset | Strategy that focuses on reducing the influence of bottlenecks | Not relevant to future decisions | | | |
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.
Match each phrase that follows with the term it describes.
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Recognizes that a dollar today is worth more than a dollar tomorrow | Often referred to as the discounted cash flow method | Also referred to as capital budgeting | Average income as a percentage of average investment | Can be determined by initial cost divided by annual net cash inflow of an investment | | | Capital investment analysis | Time value of money concept | |
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.
Match the following descriptions and examples with the four performance perspectives in the balanced scorecard.
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Focuses on operational efficiencies and issues like improving manufacturing performance | Focuses on obtaining and retaining customers and customer base | Focuses on traditional accounting measures of performance, such as net income and cash flow | Focuses on research and development initiatives and employee training, retention, and satisfaction efforts | | | |