Chapter 14 - Performance measurement
questions with answers.
asset turnover ANS -Ratio measuring the amount of sales generated relative to the level of investment.
balanced scorecard ANS -Performance measurement that weighs performance in four perspectives:
financial, customer, internal business processes, and innovation and learning.
business unit ANS -Division or segment of an entity.
cost centre ANS -Division of an entity that is solely responsible for providing a service or product at
minimal cost.
Du Pont ROI ANS -Measure of performance based on economic return relative to invested resources,
calculated as ROI = Return on sales × Investment turnover.
eco-efficiency ANS -A focus on the efficient use of resources to minimise their impact on the
environment.
economic value added ANS -Short-term financial performance measure of the economic value created
over a specified time period.
emissions trading system ANS -A market in which greenhouse gas emission permits are traded.
environmental impact added ANS -A measure of all environmental influences that are assessed
according to their relative environmental impact.
greenhouse gas accounting ANS -The methods to inventory and audit greenhouse gas emissions.
integrated report ANS -A report that presents the value creation of an entity's strategy, governance,
performance and prospects.
questions with answers.
asset turnover ANS -Ratio measuring the amount of sales generated relative to the level of investment.
balanced scorecard ANS -Performance measurement that weighs performance in four perspectives:
financial, customer, internal business processes, and innovation and learning.
business unit ANS -Division or segment of an entity.
cost centre ANS -Division of an entity that is solely responsible for providing a service or product at
minimal cost.
Du Pont ROI ANS -Measure of performance based on economic return relative to invested resources,
calculated as ROI = Return on sales × Investment turnover.
eco-efficiency ANS -A focus on the efficient use of resources to minimise their impact on the
environment.
economic value added ANS -Short-term financial performance measure of the economic value created
over a specified time period.
emissions trading system ANS -A market in which greenhouse gas emission permits are traded.
environmental impact added ANS -A measure of all environmental influences that are assessed
according to their relative environmental impact.
greenhouse gas accounting ANS -The methods to inventory and audit greenhouse gas emissions.
integrated report ANS -A report that presents the value creation of an entity's strategy, governance,
performance and prospects.
