Author Question: An important difference between financial measures of quality and nonfinancial measures of quality ... (Read 203 times)

misspop · **on:** Mar 6, 2021

Question 1

An illustration that resembles the bone structure of a fish and identifies potential reasons why a problem exists is called ________.
◦ control chart
◦ Pareto diagram
◦ cause-and-effect diagram
◦ time-series graphs

Question 2

An important difference between financial measures of quality and nonfinancial measures of quality is that ________.
◦ financial measures of quality tend to be useful indicators of future long-term performance, while nonfinancial measures have more of a short-term focus
◦ nonfinancial measures of quality tend to be useful indicators of future long-term performance, while financial measures of quality have more of a short-term focus
◦ nonfinancial measures are generally too subjective to have any long-term value, while financial measures are too objective for taxation purposes
◦ nonfinancial measures are generally too subjective to have any short-term value, while financial measures are too objective to have medium-term value

tkempin · **Reply #1 on:** Mar 6, 2021

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