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CA Final Balanced Scorecard and Performance Measurement — practice questions — page 2

Explore 36 free Balanced Scorecard and Performance Measurement questions in CA Final Cost and Management Accounting. Open each question or exercise to read its content, reference answers and available explanation.

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Balanced Scorecard and Performance Measurement questions and exercises with answers

Showing questions 31–36 of 36.

A sports club that need not serve the public good is which kind of body?Read the answer and worked solution →Which term fits a founder who keeps control as the project expands?Read the answer and worked solution →Can a nonprofit legitimately earn a surplus?Read the answer and worked solution →A nonprofit replaces the profit motive with what?Read the answer and worked solution →High salaries relative to program spending may bring a nonprofit what?Read the answer and worked solution →In a membership nonprofit, who elects the board?Read the answer and worked solution →

Worked practice questions

A sports club that need not serve the public good is which kind of body?

  1. Registered charity
  2. Government agency
  3. Not-for-profit body
  4. Cooperative bank
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Correct answer: C. Not-for-profit body

A not-for-profit entity does not profit its owners but is not required to operate for the public good.

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Which term fits a founder who keeps control as the project expands?

  1. Agency cost issue
  2. Founder's syndrome
  3. Goal displacement
  4. Metric gaming
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Correct answer: B. Founder's syndrome

Dynamic founders who retain control while others want broader scope or policy change show founder's syndrome.

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Can a nonprofit legitimately earn a surplus?

  1. No, never allowed
  2. Only if from donors
  3. Yes, to serve purpose
  4. Only if it pays tax
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Correct answer: C. Yes, to serve purpose

Nonprofits must stay fiscally viable; the misconception is that they may not make a profit.

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