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CA Final Strategic Performance Measures — practice questions

Explore 70 free Strategic Performance Measures 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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Strategic Performance Measures questions and exercises with answers

Showing questions 1–30 of 70.

A balanced scorecard mixes financial measures with which kind of data?Read the answer and worked solution →How many perspectives did the original scorecard use?Read the answer and worked solution →Which perspective asks "How do we look to shareholders?"Read the answer and worked solution →The customer perspective answers which guiding question?Read the answer and worked solution →Which question belongs to the internal business processes perspective?Read the answer and worked solution →Which question frames the learning and growth perspective?Read the answer and worked solution →Which measure is a typical financial perspective example?Read the answer and worked solution →On-time delivery is an example under which perspective?Read the answer and worked solution →Which scorecard generation emerged in the mid-1990s using a strategic linkage model?Read the answer and worked solution →What major element did third generation scorecards add?Read the answer and worked solution →In a standard strategy map, which perspective sits at the bottom?Read the answer and worked solution →Vertical sets of linked objectives spanning perspectives are called what?Read the answer and worked solution →A strategy map usually holds fewer than how many objectives?Read the answer and worked solution →The first Kaplan and Norton scorecard article appeared in which year?Read the answer and worked solution →How suited is the scorecard to paying incentives?Read the answer and worked solution →Where is much of the scorecard benefit said to arise?Read the answer and worked solution →Economic value added equals NOPAT less what?Read the answer and worked solution →The capital charge in EVA is cost of capital times what?Read the answer and worked solution →NOPAT is Rs 90 lakh, capital Rs 500 lakh and WACC 12%. Find EVA.Read the answer and worked solution →A firm earns 15% on Rs 800 crore capital with WACC of 11%. Find EVA.Read the answer and worked solution →After a 14% charge on Rs 400 lakh capital, NOPAT of Rs 48 lakh leaves what EVA?Read the answer and worked solution →RONA is found by dividing NOPAT by what?Read the answer and worked solution →Economic capital can be measured as which sum?Read the answer and worked solution →What is the cost of capital in EVA?Read the answer and worked solution →Deducting a capital charge from NOPAT is which EVA method?Read the answer and worked solution →According to EVA, when is value created?Read the answer and worked solution →RONA is above the required minimum rate. What is EVA?Read the answer and worked solution →What is unique to EVA compared with plain residual income?Read the answer and worked solution →Which is a typical adjustment made to NOPAT in EVA?Read the answer and worked solution →The 2012 EVA-PBC proposal joins EVA with which costing?Read the answer and worked solution →

Worked practice questions

A balanced scorecard mixes financial measures with which kind of data?

  1. Only budget variances
  2. Non-financial data
  3. Only tax returns
  4. Only market prices
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Correct answer: B. Non-financial data

Its defining feature is a mix of financial and non-financial items shown against targets.

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How many perspectives did the original scorecard use?

  1. Three
  2. Four
  3. Six
  4. Two
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Correct answer: B. Four

The original design had Financial, Customer, Internal Process and Learning and Growth perspectives, four in all.

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Which perspective asks "How do we look to shareholders?"

  1. Learning and growth
  2. Internal processes
  3. Financial outcomes
  4. Customer relations
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Correct answer: C. Financial outcomes

The financial perspective is framed around how the firm looks to its shareholders.

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