TB MC Qu. 18-56 (Static) The balanced scorecard is particularly . The balanced scorecard is particularly important in difficult economic times because: Multiple Choice Financial measures are even more important. Nonfinancial measures are even more important. Financial measures may be distorted.
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- Which of the following statements regarding the balanced scorecard is not correct?a. It seeks to address the problems associated with traditional financial measures used to assess performance.b. The notion of value chain analysis plays a major role in the drawing up of a balanced scorecard.c. It relies on the perception of the users with regard to service provided.d. It is directly derived from scientific management theories.Economies of scale allows financial institutions to Select one: reduce asymmetric information problem reduce diversify. reduce moral hazard. None of the answers are correct reduce transactions costs29. Which of the following is not a lead indicator used in balanced scorecards? Multiple Choice a)Innovation and growth b)Quality c)Employee capabilities d)Customer loyalty e)profit margin
- We talk about a problem in Corporate Governance in active monitoring. A monitor learns about the Bad Project, which yields private benefit B, with probability M. The monitor learns nothing with probability 1-M. This probability of M of effective monitoring (=monitoring level) is dependent on the effort cost or what we call disutility of effort g(M) incurred by this monitor. It is assumed that disutility of effort is increasing g’()>0 and convex g’’()>0. We also assume that g’(0) and g’(1) = ∞. Let Rb be the borrower’s reward. In successful case, its value is b/Δp < Rb < B/Δp. Let Rm be the monitor’s payoff in a successful case. The question is: Show the Net Present Value of the project for monitoring level M.Which of the following are significant flaws with the Payback Period Method? (Select all that apply) A. Biased against long-term projects B. Uses an arbitrary benchmark C. Very rarely used in practice D. Uses accounting profits rather than cash flows E. Ignores Time Value of MoneyGray (1988) hypothesises that "the higher a country ranks in terms of Uncertainty Avoidance and the lower it ranks in terms of Individualism and Masculinity, then the more likely it is to rank highly in terms of': A flexibility B.Optimism C.conservatism D.Transparency
- Which of the following statements best describes the performance elements found on most balanced scorecards? a. The balanced scorecard contains neither financial nor nonfinancial performance measures. b. The balance scorecard contains nonfinancial but not financial performance measures. c. The balanced scorecard contains financial but not nonfinancial performance measures. d. The balanced scorecards contains both financial and nonfinancial performance measures.In a balanced scorecard, a key strategic if-then statement is provided: if the number of defective units decreases, then market share will increase. Assume that the targeted reduction level of defective units was achieved but that the targeted market share increase was not achieved. Which statement best describes this outcome? a. The company has not successfully implemented its strategic plan. b. Single-loop feedback is needed. c. The hypothesized relationship is somehow invalid. d. Corrective action must be taken so that the strategy can be executed as intended.Non-financial performance indicators (NFPI’s) are becoming more popular when measuring performance. Explain why that this is the case.
- 6. Which of the following is NOT a key perspectives in the balanced scorecard? Select one: a. The financial perspective. b. The performance perspective. c. The internal business processes perspective. d. The learning and growth perspective. e. The customer perspective.Proponents of the EMH think technical analysts A) should focus on relative strength. B) should focus on resistance levels. C) should focus on support levels. D) should focus on financial statements. E) are wasting their time. Please provide an accurate justification for the chosen answer.Q7 Which method is linked with scarcity and determines the value of human resources by establishing competitive bidding within an organization and name the person who introduced it? a. Aggregate payment method; Chakraborty b. Opportunity cost method; Hekimian and jones c. Standard cost method; David watson d. None of these are correct