Question
What are the three steps in designing accounting-based performance measures? Question content area bottom Part 1 A. (1) Choose performance measures that align with each
What are the three steps in designing accounting-based performance measures?
Question content area bottom
Part 1
A.
(1) Choose performance measures that align with each employee's production goals; (2) choose the budget for each performance measure in step 1, and (3) choose which manager will provide feedback to each employee on the status of each goal in step 1.
B.
(1) Choose performance measures that align historical cost of assets with current cost of assets; (2) choose the nonfinancial details of each performance measure in step 1, and (3) choose the employees who will record the company's performance and provide feedback to top management.
C.
(1) Choose performance measures that align with customers' financial goals; (2) choose the board members who will communicate these goals to the employees, and (3) choose a target level of performance and feedback mechanism for each performance measure in step 1.
D.
(1) Choose performance measures that align with top management's financial goals; (2) choose the details of each performance measure in step 1, and (3) choose a target level of performance and feedback mechanism for each performance measure in step 1.
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