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Author Question: Nonfinancial performance measures ________. (Read 184 times)

nramada

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on: Mar 6, 2021

Question 1

If management experiences  an unfavorable direct materials efficiency variance, which of the following would not be the possible corrective action?
◦ Improve the design of the product
◦ Provide additional training for the direct laborers
◦ Purchase higher quality materials
◦ Negotiate lower prices for material acquisition

Question 2

Nonfinancial performance measures ________.
◦ are usually used in combination with financial measures for control purposes
◦ are rarely used to evaluate overall efficiency
◦ allow managers to make informed tradeoffs
◦ are often the sole basis of a manager's performance evaluations
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by nramada on Mar 6, 2021

ong527

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Reply #1 on: Mar 6, 2021
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nramada

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

meganmoser117

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Reply 3 on: Yesterday
Wow, this really help

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