None To discover where to make improvements in productivity, managers might do all of the followingexcept: Select one: a. compare return on sales to a competitor's return on sales b. use trendanalysis c. compare the asset turnover ratio for this accounting period to an industry norm d.calculate the ratio of output over input

While asset turnover ratio is a financial metric, it doesn't directly measure productivity.…

Answered: To discover where to make improvements…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 1PA: Use the following information to answer the questions that follow. A. Calculate the operating income...

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Similar questions

Classify each of the following performance measures into the balanced scorecard perspective to which it relates: financial perspective, internal operations perspective, learning and growth perspective, or customer perspective. A. Number of improved products B. Time from packaging to delivery or display C. Production costs D. Number of customer suggestions E. Sales mix revenues F. Number of repeat customers
Compare and contrast short- and long-term goals for a company. Give an example of each, and explain why they are important for performance measurement systems.
The high-low method and least-squares regression are used by managers to _____________________. A. decide whether to make or buy a component part B. minimize corporate tax liability C. maximize output D. estimate costs
Which of the following is the indicator of the rate at which company is earning profit? Select one: a. Margin of safety b. All options are correct c. Contribution margin d. Profit volume ratio
Which of the following statements is true? Return on investment (ROI) equals margin multiplied by sales. When used in return on investment (ROI) calculations, turnover equals sales divided by average operating assets. An advantage of using ROI to evaluate performance is that it encourages the manager to reduce the investment in operating assets as well as increase net operating income.
The Performance Measure of number of on-time deliveries would be used as a measure in which of the following Balanced Scorecard Perspectives? A) Financial Perspective B) Customer Perspective C) Internal-Business-Process Perspective D) Innovation/Learning & Growth Perspective
Performance measurement considered as financial rather than non-financial measures includes all of the following, except: Profit margin Return on investment Customer satisfaction Economic value-added
Profitability changes may be simply calculated by using what kind of tool: sales price/volume/variable costs/fixed costs.
A manager who wants to determine the percentage impact on income of a given percentage change in sales would multiply the percentage increase/decrease in sales revenue by the:
In evaluating the profit center manager, the operating income should be compared a.across profit centers b.to the competitor's net income c.to the total company earnings per share d.to a budget
Below is a list of various metrics used to measure performance. For each metric, identify the correct balanced scorecard perspective with which the metric is associated. Metric Balanced Scorecard Perspective Average stock price Economic value added Employee turnover rates Manufacturing cycle time Market share Number of days from product launch to shelf Number of defects Number of new patent applications Percentage of repeat customers Percentage decrease in operating costs Percentage of sales generated by new products Research and development spending as a percentage of net revenues options: Customer Financial Internal Business Learning and Growth
Discuss how the behavior of division managers is likely to be affected by the use of: a. Return on Investment as a Performance Measure b. Residual Income as a performance measure (CMA Adapted)

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