Suggest a non-financial measure that can be used to evaluate the performance of the company as a whol

Q: Reputation of outcomes can play a role in the financial viability of an organization. Can you…

A: The financial growth and development of a corporation is an important objective and goal for a…

Q: Which of the following elements of the balanced scorecard defines the purpose of an action taken…

A: The Balanced Scorecard is a strategic planning and management system used extensively in business…

Q: Which of the following statements is true? 1. Financial measures such as ROI are generally better…

A: Balance Scorecard refers to a strategic management performance metric used to identify, improve and…

Q: In evaluating the profit center manager, the operating income should be compared a.across profit…

A: Operating income is the amount of money earned by an entity from its operations.

Q: Why would managers be willing to make decisions based on estimated revenues and expenses instead of…

A: The estimated revenues are the expected amount of revenues and estimated expenses are also the…

Q: What are the differences between managerial accounting and financial accounting? take examples

A: Managerial accounting: Management accounting is a practice whereby management reports and accounts…

Q: To properly assess a company’s past performance, an analyst requires:A . high earnings quality.B .…

A: Quality of financial reporting is important it pertains to the quality of information contained in…

Q: Define the term gross profit margin. Explain several waysin which management might improve a…

A: Gross profit: It can be defined as the excess of a company's net sales revenue over its cost of…

Q: Which method might you prefer if you were a manager and your bonus was tied to a financial…

A: In organization, there are two type of inventory system followed. (1) Periodic inventory system (2)…

Q: Which of the following is true about designing an accounting−based performance​ measure?   A.…

A: Performance measures in lots of businesses encompass both accounting-primarily based totally and…

Q: Explain the characteristics of contingency theory of management accounting. What are some of the…

A: According to the contingent theory of management accounting, there is no one optimal strategy for…

Q: Financial ratio analysis is a widely used tool for assessing the "health" of an organization and…

A: Financial ratings are quantitative indicators that distinguish important information from a…

Q: How the concepts and system of benchmarking could support one company to improve its…

A: Introduction: For any organization, benchmark is acknowledgement for its outstanding operating…

Q: Explain how does the earning forecast is effective in assessing company performance?

A: In order to access the company performance it is important to understand the trend and analyse the…

Q: What is the name of the measurement tool introduced to expand the set of performance measures to…

A: A firm's effectiveness and performance can be measured by understanding how it does on traditional…

Q: When conducting a cost-volume-profit analysis determine where the most challenges for accountant…

A: Cost Volume Profit Analysis (CVP Analysis): This analysis is helpful in determining how any type of…

Q: Which of the following is not a characteristic of useful managerial accounting reports?…

A: Managerial accounting reports are meant for the internal management of a company and not for…

Q: How do companies recognize revenue from a performanceobligation over time?

A: Revenue recognition: GAAP states that under specific conditions only revenue is recognized and…

Q: Explain why both financial and non-financial measures are required to evaluate and manage a…

A: Financial Measures: Financial measures, often known as financial ratios, are commonly used to…