This quiz works best with JavaScript enabled. Home > Finance > Accounting > Management Accounting > Performance Measurement > Performance Measurement – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Performance Measurement Quiz 1 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A ..... structure is composed of self-contained units or divisions. A) Matrix. B) Divisional. C) Learning. D) Simple. Show Answer Correct Answer: B) Divisional. 2. A company has cost of debt of 6% and cost of equity of 15%. In this country, the corporate income tax rate is 20%. If the company has target debt to total capital ratio of 40%, its WACC is closest to: A) 8.88%. B) 10.9%. C) 9.6%. D) 11.4%. Show Answer Correct Answer: B) 10.9%. 3. Initial amount of project was $ 20, 000 and net cash flow the project of year 1:$ 5, 000; year 2:$ 6, 000; year 3:$ 8, 000; year 4:10, 000. The payback period for A) 4, 00 years. B) 3, 80 years. C) 3, 00 years. D) 3, 10 years. Show Answer Correct Answer: D) 3, 10 years. 4. What is macro economic policy? A) Policies which help certain companies. B) Policies which focus on a particular market. C) Policies which focus on specific industries. D) Policies which focus on the whole of a country. Show Answer Correct Answer: D) Policies which focus on the whole of a country. 5. A firm should use ..... when evaluating an investment A) The least costly source of financing. B) The most costly source of financing. C) The weighted average cost of all financing sources. D) The current opportunity cost. Show Answer Correct Answer: C) The weighted average cost of all financing sources. 6. Which ratio is not the part of 5 factor Dupont Analysis? A) NI/Sales. B) Sales/TA. C) EBT/EBIT. D) NI/EBT. Show Answer Correct Answer: A) NI/Sales. 7. Calculate the r eal GDP growth rate in Utilistan between 2010 and 2011. A) 2%. B) 32.04%. C) 20.83%. D) 16%. Show Answer Correct Answer: D) 16%. 8. Which of the following is the financial goal of a firm? A) Maximise the shareholders' wealth. B) Maximise the managers' wealth. C) Maximise the costs. D) Maximise the consolidated profit. Show Answer Correct Answer: A) Maximise the shareholders' wealth. 9. Period of reduced economic activity A) Standard of living. B) Recession. C) Debit. D) Entrepreneur. Show Answer Correct Answer: B) Recession. 10. The ..... considers the weighted averages of a group of consumer goods and services. A) Consumer price index. B) Aggregate supply. C) Producer price index. D) Aggregate demand. Show Answer Correct Answer: A) Consumer price index. 11. Calculate the GDP deflator price index for Utilistan in 2010 A) 120. B) 220. C) 250. D) 100. Show Answer Correct Answer: D) 100. 12. The budgeted output for a period is 1, 500 units and the standard time allowedper unit is 30 minutes. The actual output in the period was 1, 400 units andthese were produced in 720 hours.Calculate the capacity ratio A) 93.3%. B) 96%. C) 97.2%. D) 95.8%. Show Answer Correct Answer: B) 96%. 13. A person who organizes, manages, and takes on the risks of a business A) Debtor. B) Recession. C) Entrepreneur. D) Creditor. Show Answer Correct Answer: C) Entrepreneur. 14. What are essential elements of a general training programme? A) Cognitive, associative, autonomous learning. B) Overload, specificity, periodization. C) Resistance training, physical fitness, selection of task. D) Warm-up, stretching activities, endurance training. Show Answer Correct Answer: D) Warm-up, stretching activities, endurance training. 15. A firm has common stock with a market price of $ 25 per share and an expected dividend of $ 2 per share at the end of the coming year. The growth rate in dividends has been 5%. The cost of the firm's commonstock equity is A) 5%. B) 8%. C) 13%. D) 10%. Show Answer Correct Answer: C) 13%. 16. Which component of fitness can best be defined as being able to "move and change direction andposition of the body quickly and effectively while under control" ? A) Motor fitness. B) Balance. C) Coordination. D) Agility. Show Answer Correct Answer: D) Agility. 17. Initial amount of project was $ 20, 000 and net cash flow the project of year 1:$ 5, 000; year 2:$ 6, 000; year 3:$ 8, 000; year 4:10, 000. The MIRR A) 16%. B) 15%. C) 20%. D) 23%. Show Answer Correct Answer: A) 16%. 18. Set goals or set of goals.Define the current situation.Identify things that help and hinder goals.Develop a plan or set of actions to achieve the goal.Are steps in ..... A) Monitoring. B) Actuating. C) Planning. D) Evaluating. Show Answer Correct Answer: C) Planning. 19. Calculate the nominal GDP growth rate between the two years. A) 45%. B) 15%. C) 3%. D) 39%. Show Answer Correct Answer: D) 39%. 20. Profit is important to businesses because: A) It improves businesses, cash balances. B) Businesses need to pay taxes to the government. C) It can be used to measure business size. D) It is a measure of businesses, success. Show Answer Correct Answer: D) It is a measure of businesses, success. 21. Balance Scorecard, Integrated Performance Measurement System, Cambridge Model, and Human Resource Scorecard are model in ..... A) Coaching System. B) Measurement System. C) Management System. D) Planning System. Show Answer Correct Answer: B) Measurement System. 22. The activity and set of processes that aim to maintain and improve employee performance in line with an organisation's objectives is called ..... A) Performance Evaluation. B) Performance Management. C) Performance. D) Management. Show Answer Correct Answer: B) Performance Management. 23. Residual Income = A) (Operating profit-Required rate of return) x Investment. B) Operating profit-(Required rate of return x Operating profit). C) Operating profit-(Required rate of return on Investment). D) Operating profit-(Return on sales x Income). Show Answer Correct Answer: C) Operating profit-(Required rate of return on Investment). 24. Which of the following can be used to monitor exercise intensity? I. Borg scaleII. OMNI scaleIII. CERT scale A) I only. B) I and II only. C) II and III only. D) I, II and III. Show Answer Correct Answer: D) I, II and III. 25. If a firm produces a return on assets of 15 percent and also a return on equity of 15 percent, then the firm: A) Has an equity multiplier of 2. B) Has no debt of any kind. C) Has no net working capital. D) Also has a current ratio of 15. Show Answer Correct Answer: B) Has no debt of any kind. 26. Using the GDP deflator as a price index, calculate the rate of inflation in Utilistan between 2010 and 2011. A) 40%. B) 20%. C) 30%. D) 10%. Show Answer Correct Answer: B) 20%. 27. Which approach does the measuring item "how much distance the players ran in the game" reflect? A) Behavioral Approach. B) Result Approach. C) Trait Approach. D) None of above. Show Answer Correct Answer: A) Behavioral Approach. 28. What term is used to describe an increase in the general price level? A) Deflation. B) Inflation. C) Stagnation. D) Monetary policy. Show Answer Correct Answer: B) Inflation. 29. Which will occur should an athlete not train for a period of time? A) Reversibility. B) Overload. C) Specificity. D) Progression. Show Answer Correct Answer: A) Reversibility. 30. HH plc monitors the % of total sales that derives from products developed in the last year. Which part of the balanced scorecard would this metric be classified under? A) Learning perspective. B) Financial perspective. C) Internal perspective. D) Customer perspective. Show Answer Correct Answer: A) Learning perspective. Next →Related QuizzesManagement Accounting QuizzesAccounting QuizzesPerformance Measurement Quiz 2Performance Measurement Quiz 3 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books