NFPM

NFPM

University

9 Qs

quiz-placeholder

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NFPM

NFPM

Assessment

Quiz

Other

University

Medium

Created by

HuiEn HuiEn

Used 3+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the context of VUCA (Volatility, Uncertainty, Complexity, Ambiguity), which of the following best describes the strategic value of NFPM?

Reinforces rigid budget control structures

Allows real-time adaptive decision-making based on broader organizational signals

Improves quarterly earnings predictability

Minimizes external stakeholder involvement in planning

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor most undermines the effectiveness of NFPM in organizational decision-making?

Its ability to directly increase shareholder returns in the short term

Its lack of regulatory standardization, making benchmarking and comparison difficult

Its alignment with ESG priorities and long-term strategic focus

Its contribution to enhancing innovation and internal culture metrics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best illustrates how NFPM supports strategic agility in a knowledge-based economy?

Enhancing fixed asset utilization

Encouraging KPI silos to deepen focus

Capturing real-time learning, collaboration, and innovation metrics

Reducing marketing budget variance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key limitation of relying solely on NFPM in public sector or educational institutions?

NFPM are too easy to quantify

They lack stakeholder relevance

Subjectivity and lack of standard benchmarks may affect comparability

They ignore human elements of performance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Considering both pros and cons from the presentation, which industry would likely benefit MOST from NFPM?

A stable utilities provider with regulated profits

A rapidly evolving fintech startup

A cash-only small retail business

A government-run monopoly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A retail company experiences high employee turnover despite strong financial results. Which performance measurement strategy would best address this imbalance?

Reinforcing cost control and ROI metrics

Adopting a Balanced Scorecard approach with workforce engagement KPIs

Increasing advertising to drive short-term sales

Focusing on financial liquidity ratios in monthly reports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A technology firm implements a new AI-driven system to track customer feedback, innovation output, and employee engagement. Which justification best supports this decision from a strategic management perspective?

To reduce administrative expenses

To enhance backward-looking reporting for auditors

To improve intangible asset management aligned with future value creation

To increase the firm’s current earnings per share (EPS)

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of combining financial (FPM) and non-financial (NFPM) performance measures?

It eliminates the need for long-term strategic planning.

It provides a more balanced and comprehensive view of organizational performance.

It reduces the focus on customer satisfaction.

It simplifies compliance costs.

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a fast-changing digital market, why might a firm prioritize non-financial indicators over traditional financial ones?

Because non-financial data is easier to audit

To delay reporting sensitive earnings data

Because future competitiveness relies on agility, innovation, and employee capabilities

To ensure compliance with IFRS standards