Start learning →

CA Final Strategic Performance Management — practice questions — page 2

Explore 55 free Strategic Performance Management questions in CA Final Cost and Management Accounting. Open each question or exercise to read its content, reference answers and available explanation.

Practise Strategic Performance Management with Quill →

Strategic Performance Management questions and exercises with answers

Showing questions 31–55 of 55.

Which activity is analytical and uses formalised procedures to produce data?Read the answer and worked solution →Running a business's day-to-day operations is often called what?Read the answer and worked solution →Which tools relate key success measures to strategy during control?Read the answer and worked solution →A strategic initiative or programme is made up of what?Read the answer and worked solution →A key performance indicator evaluates success in doing what?Read the answer and worked solution →Which indicators measure the final results of past activities?Read the answer and worked solution →Budget spent and staff hours are examples of which indicator type?Read the answer and worked solution →Which indicators capture subjective, perceptual data gathered by surveys?Read the answer and worked solution →Which level of indicator monitors progress towards top-level goals?Read the answer and worked solution →Indicators of departmental or process efficiency are called what?Read the answer and worked solution →Which measurement point means broader long-term societal change?Read the answer and worked solution →The link between inputs and outputs is usually called what?Read the answer and worked solution →In the SMART criteria for indicators, what does the T stand for?Read the answer and worked solution →What is the first step in performance measurement?Read the answer and worked solution →Perverse KPI incentives push staff to neglect what?Read the answer and worked solution →Given gaming risks, which data property matters when choosing indicators?Read the answer and worked solution →Which indicator may be impossible to quantify?Read the answer and worked solution →Business performance management checks whether activities align with what?Read the answer and worked solution →Business performance management is also known as what?Read the answer and worked solution →Which is one of Richard et al.'s three organisational outcomes?Read the answer and worked solution →Which perception weakens a performance management system?Read the answer and worked solution →Performance management should encourage teamwork rather than what?Read the answer and worked solution →Performance management aligns company goals with those of whom?Read the answer and worked solution →Into how many schools of thought did Mintzberg develop his strategy types in 1998?Read the answer and worked solution →Which Mintzberg type locates products within the market from the consumer's view?Read the answer and worked solution →

Worked practice questions

Which activity is analytical and uses formalised procedures to produce data?

  1. Operations management
  2. Logistics management
  3. Strategic thinking
  4. Strategic planning
Show answer and solution

Correct answer: D. Strategic planning

Strategic planning produces the data and analyses that feed strategic thinking, which then synthesises them into strategy.

Open this question →

Running a business's day-to-day operations is often called what?

  1. Scenario planning
  2. Operations management
  3. Strategic planning
  4. Portfolio analysis
Show answer and solution

Correct answer: B. Operations management

Once strategic decisions are implemented, day-to-day running falls under operations management or functional management.

Open this question →

Which tools relate key success measures to strategy during control?

  1. Break-even and CVP tools
  2. Scorecard, strategy maps
  3. SWOT and PESTLE tools
  4. Fund flow and ratios
Show answer and solution

Correct answer: B. Scorecard, strategy maps

The balanced scorecard and strategy maps crystallise strategy by tying measures of success to it.

Open this question →

How to practise

  1. Choose a Strategic Performance Management question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Cost and Management Accounting topics

Specialist Cost Management TechniquesCost Volume Profit Analysis and Pricing DecisionsActivity-Based Costing and ManagementStrategic Performance MeasuresLean Manufacturing and KaizenIntroduction to Strategic Cost ManagementTotal Quality ManagementPerformance Measurement and Variance Reporting