FDM Week 6

FDM Week 6

Professional Development

10 Qs

quiz-placeholder

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FDM Week 6

FDM Week 6

Assessment

Quiz

Business

Professional Development

Medium

Created by

Oladapo Jayeola

Used 4+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is KPI?

Key Performance Index

Key Performance Indices

Key Performance Indicators

Key Performance Industries

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Balanced Scorecard proposes the use of?

Financial and non-financial measures

Fixed and variable measures

Favourable and adverse measures

Income and expenditure measures

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a non-financial measure proposed by the Balanced Scorecard approach?

Customer

Internal business process

Sales growth

Learning and growth

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Balanced Scorecard is a type of?

Performance measurement system

Variance analysis

Budget setting system

Ratio analysis

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Balanced Scorecard must be essentially linked to the ?

The budgets of the company

The annual report

The vision and strategy of the company

The variance reports

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT an advantage of the Balanced Scorecard?

It reduces short-termism

Links to the long term strategy of the company

It is flexible

Requires a lot of time

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a disadvantage of the Balanced Scorecard?

Requires significant investment of senior management's time

The KPIs can conflict and cause confusion

No clear prioritisation

It links to the long term strategy of the company

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