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 6 of 7

Q51.
The time between a customer's order placement till the customer receives its delivery is known as
Discuss
Answer: (c).customer response time
Q52.
The costs that are incurred to find manufactured products, which does not meet specifications are called
Discuss
Answer: (c).appraisal costs
Q53.
The reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are the examples of
Discuss
Answer: (b).measures of internal business processes
Q54.
The employees that are trained to manage bottlenecks, during production operations; employee satisfaction are related to
Discuss
Answer: (a).measures of growth and learning
Q55.
The graph which plots the series of successive observations of specific procedure, operation or step at regular time intervals is called
Discuss
Answer: (c).control chart
Q56.
The timeframe between placement of order until a finished good produces is classified as
Discuss
Answer: (d).both b and c
Q57.
The total manufacturing time is multiplied to the manufacturing cycle efficiency to calculate
Discuss
Answer: (b).value added manufacturing time
Q58.
The costs incur for defective products, before their shipment to customers can be categorized as
Discuss
Answer: (d).internal failure costs
Q59.
The costs that are incurred to prevent low quality goods production are classified as
Discuss
Answer: (a).costs of quality
Q60.
If total number of employees surveyed are 200 and employees that indicate higher rating for satisfaction are 195, then employee satisfaction would be
Discuss
Answer: (d).97.50%
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