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.
"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?

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.
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?

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