Balanced Scorecard MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Balanced Scorecard, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Balanced Scorecard MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Balanced Scorecard mcq questions that explore various aspects of Balanced Scorecard problems. Each MCQ is crafted to challenge your understanding of Balanced Scorecard principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Balanced Scorecard MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Balanced Scorecard. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Balanced Scorecard knowledge to the test? Let's get started with our carefully curated MCQs!

Balanced Scorecard MCQs | Page 4 of 7

Q31.
If the value added manufacturing time is 65 minutes, the total manufacturing time is 80 minutes, then the manufacturing cycle time will be
Discuss
Answer: (a).0.8125
Q32.
The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate
Discuss
Answer: (c).operating costs
Q33.
The cost incur for defective products, after their shipment to customers is classified as
Discuss
Answer: (b).external failure costs
Q34.
The quality aspect, that refers how well the product fulfills the customer demands, is classified as
Discuss
Answer: (b).design quality
Q35.
If the number of employees who left the job are 40, the total number of employees are 200, then the employee turnover ratio will be
Discuss
Answer: (c).0.2
Discuss
Answer: (b).cause and effect diagram
Q37.
The incurred costs to exclude the production of goods, that do not meet the specification, are called
Discuss
Answer: (b).prevention costs
Q38.
The number of employees who left the company, divided by average number of employees to calculate the ratio is called
Discuss
Answer: (a).employee turnover ratio
Q39.
The revenues are subtracted from the cost of direct materials of sold goods is to calculate
Discuss
Answer: (a).throughput contribution
Q40.
The carrying costs of inventories and price discounts related to delayed deliveries are examples of
Discuss
Answer: (d).financial measures
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