Top 150+ Solved Enterprise Performance Management (EPM) MCQ Questions Answer

From 31 to 45 of 127

Q. The overall purpose of the balanced scorecard approach is to:

a. Help turn strategy into action

b. Benchmark against competitors

c. Measure financial performance

d. Measure product quality

  • a. Help turn strategy into action

Q. The process of evaluating an employee’s current and/or past performance relative to his or her performance standards is called

a. recruitment

b. employee selection

c. performance appraisal

d. organizational development

  • c. performance appraisal

Q. The term 'EVA' is used for:

a. Extra Value Analysis

b. Economic Value Added

c. Expected Value Analysis

d. Engineering Value Analysis

  • b. Economic Value Added

Q. The U.S. National Quality Award is named after

a. Joseph Juran

b. Genichi Taguchi

c. W. Edwards Deming

d. Malcolm Baldrige

  • d. Malcolm Baldrige

Q. Which of the following statements is false? Balanced scorecards

a. Are one type of performance dashboard

b. Can be cascaded to different levels/parts of organisations

c. Cannot be used in conjunction with budgetary control systems

d. Can be used to produce strategy maps

  • c. Cannot be used in conjunction with budgetary control systems

Q. Which of the following statements regarding flaws suffered by financial measures is not correct:

a. They are hard to quantify

b. They do little to motivate employees to improve accounting profits

c. They are not effective in getting managers' attention

d. They are useful in identifying operational problems

  • d. They are useful in identifying operational problems

Q. Which of the following variable does ROI examine?

a. EBIT

b. EVA

c. ROI

d. DuPont chart

  • b. EVA

Q. A sound Capital Budgeting technique is based on:

a. Cash Flows

b. Accounting Profit

c. Interest Rate on Borrowings

d. Last Dividend Paid

  • a. Cash Flows

Q. Capital Budgeting deals with:

a. Long-term Decisions,

b. Short-term Decisions

c. Both (a) and (b)

d. Neither a) nor (b)

  • a. Long-term Decisions,

Q. Capital Budgeting Decisions are based on:

a. Incremental Profit

b. Incremental Cash Flows

c. Incremental Assets,

d. Incremental Capital.

  • b. Incremental Cash Flows

Q. Capital Budgeting is a part of:

a. Investment Decision

b. Working Capital Management

c. Marketing Management

d. Capital Structure

  • a. Investment Decision

Q. Which of the following is not applied in capital budgeting?

a. Cash flows be calculated in incremental terms

b. All costs and benefits are measured on cash basis

c. All accrued costs and revenues be incorporated

d. All benefits are measured on after-tax basis

  • c. All accrued costs and revenues be incorporated

Q. Which of the following is not followed in capital budgeting?

a. Cash flows Principle

b. Interest Exclusion Principle

c. Accrual Principle

d. Post-tax Principle

  • c. Accrual Principle

Q. Which of the following is not true for capital budgeting?

a. Sunk costs are ignored

b. Opportunity costs are excluded

c. Incremental cash flows are considered

d. Relevant cash flows are considered

  • b. Opportunity costs are excluded

Q. Which of the following is not used in Capital Budgeting?

a. Time Value of Money

b. Sensitivity Analysis

c. Net Assets Method

d. Cash Flows

  • b. Sensitivity Analysis
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