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 5 of 7

Q41.
The basic aspects of product quality must include the
Discuss
Answer: (d).both a and b
Q42.
The sum of manufacturing and waiting time for an order is classified as
Discuss
Answer: (b).manufacturing cycle time
Q43.
A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottleneck operations is
Discuss
Answer: (b).theory of constraints
Q44.
A process by which employees can make decisions is divided by total number of processes to calculate
Discuss
Answer: (b).employee empowerment ratio
Discuss
Answer: (a).statistical process control
Q46.
A product performance in comparison to its features and design is classified as
Discuss
Answer: (c).conformance quality
Q47.
The sum of cost of direct materials, costs of buildings, equipment, research and development costs is classified as
Discuss
Answer: (b).investments
Q48.
The consumed time to deliver a complete order to its customers is termed as
Discuss
Answer: (c).delivery time
Q49.
The number of employees that indicate high ratings of satisfaction, divided by number of surveyed employees are to calculate
Discuss
Answer: (a).employee satisfaction
Q50.
If the number of processes, in which employees who can make decisions are 20 and the number of processes are 50, then employee empowerment ratio will be
Discuss
Answer: (b).0.4
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