Reference no: EM132509760

Question 1: Check all that apply. Which of the following is NOT true of a useful strategic performance measurement system?

A. It tells the story of a company's strategy by articulating a sequence of cause-and-effect relationships.

B. It helps to communicate corporate strategy to all members of the organization.

C. t uses non-financial measures to serve as leading indicators of future financial performance.

D. It has the same number of financial and non-financial measures.

Question 2: Check all that are true about the difference between the internal (i.e., managerial) and external (i.e., financial) versions of an organization's income statement.

A. Fixed manufacturing costs are deducted from contribution margin and not from gross margin.

B. Variable manufacturing costs are deducted from gross margin and not from contribution margin.

C. Variable non-manufacturing costs are deducted from gross margin and not from contribution margin.

D. Variable non-manufacturing costs are deducted from contribution margin and not from gross margin.