Question 41

Performance measures that monitor the extent to which a not-for-profit organization's objectives have been achieved are measures of:
  • Question 42

    The Chief Executive of a large manufacturing company has made the following comment.
    "All of our competitors are using both just-in-time(JIT) and Total Quality Management (TQM) whereas we have never used either. Consequently we are lagging behind our competitors because their levels of inventory and quality costs are significantly below ours. I want to see JIT fully implemented, both for purchasing and for production, in 4 weeks' time and TQM fully implemented 4 weeks after that." Which of the following provide appropriate advice to the Chief Executive?
    Select ALL that apply.
  • Question 43

    The cash flows from a project are detailed in the table below.

    To the nearest 1%, what is the project's internal rate of return?
  • Question 44

    Which of the following statements are correct with regard to responsibility centres?
    Select ALL that apply.
  • Question 45

    A large company that sells a single product has many customers. The contribution per unit of the product is $40. Data for the company as a whole are given below.

    Using customer profitability analysis, what is the total annual profit for this customer?
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