Which of the following are performance indicator groups?I) Enablers that promote positive improvementsII) Inhibitors, which encourage the practices that are contrary to the desired principlesIII) Disablers - discouraging bad behavior through punishment
Answer(s): A
The two performance indicator groups are1. Enablers that promote positive improvements and2. Inhibitors which encourage the practices that are contrary to desired principles Disablers are not a performance indicator group.
The company's vision is made up of from four view points. Which of the following is NOT one of those viewpoints?
Answer(s): C
The following are the four viewpoints that would make up a company's vision1. The business strategy set by management2. The operation's staff's input based on experience3. The resources currently or planned to be available4. What is believed the marketplace wantsThe government would not be involved in forming a company's vision
Which of the following is NOT one of the five principles of quality?
Answer(s): B
BONI quality is not one of the five principal approaches to quality defined by APICS. These are the 5 principal approaches1. Transcendent Quality2. Product Based Quality3. User Based Quality4. Manufacturing Based Quality5. Value Based Quality
A typical objective of becoming a world class organization is what?
Answer(s): D
A typical objective of becoming a world class organization is usually included in a mission statement. Other common objectives in mission statements are to be a leader in a particular field and to be highly profitable.
Which of the following BEST describes the weakness of management accounting reports as performance measures?
The biggest weakness of management accounting reports as performance measures is that they are not directly related to issues such as quality, customer service, reliability, or filexibility.
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