
FDM Week 6
Quiz
•
Business
•
Professional Development
•
Medium

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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