Question 1

AnaCarolina and Jaco, accountants for Duke Manufacturing, are tasked with determining appropriate performance metrics for the financial perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation?

Accepted Answer

A)  return on investment
B)  operating throughout
C)  material price variance
D)  customer satisfaction ratingE) A) and C)
F) A) and B)

Question 2

Which of the following is not one of the elements of the balanced scorecard?

Accepted Answer

A)  strategic initiatives
B)  cost system
C)  performance targets
D)  strategy mapsE) All of the above
F) A) and B)

Question 3

Briefly explain the role of a strategy map in the balanced scorecard.

Accepted Answer

Strategy maps show the expecte...

Question 4

List the four basic performance perspectives used in the balanced scorecard.

Accepted Answer

financial, internal ...

Question 5

The index developed to help assess a company's sustainability efforts is the

Accepted Answer

A)  Dow Jones Sustainability Index
B)  United Nations Sustainability and Human Development Index
C)  SEC Sustainability Index
D)  World Bank IndexE) All of the above
F) A) and B)

Question 6

Managers can use CSR and sustainability information as important feedback to guide decision making in a variety of areas. Which of the following areas is least likely to be impacted by this feedback?

Accepted Answer

A)  strategic and operational areas
B)  FASB compliance with U.S. GAAP
C)  cost control decisions
D)  resource allocation decisionsE) A) and B)
F) A) and C)

Question 7

Match the following descriptions with the correct term (a-c).
-Financial, internal processes, learning and growth, customer
A)Leading indicator
B)Lagging indicator
C)BSC performance perspectives

Accepted Answer

The answer of Match the following descriptions with the correct...

Question 8

Which of the following is not an eco-efficiency measure?

Accepted Answer

A)  energy efficiency
B)  fuel efficiency
C)  material price efficiency
D)  waste efficiencyE) All of the above
F) A) and B)

Question 9

Which of the following statements about corporate social responsibility (CSR)  is false?

Accepted Answer

A)  CSR describes the efforts of companies to take responsibility for the impact their operations have on society.
B)  CSR describes the efforts of companies to take responsibility for improving social well-being within and outside of the firm.
C)  Companies are taking a more active role in recent years in focusing and reporting on their own CSR initiatives.
D)  CSR activities may include waste and pollution minimization but do not include agricultural initiatives within farming and ranching.E) A) and B)
F) All of the above

Question 10

Describe how sustainability efforts relate to CSR activities.

Accepted Answer

When CSR activities involve ensuring the...

Exam 28: The Balanced Scorecard and Corporate Social Responsibility

Which of the following is not one of the elements of the balanced scorecard?

Correct Answer
verified

Which of the following is not an eco-efficiency measure?

Correct Answer
verified

Match the following descriptions with the correct term (a-c). -Financial, internal processes, learning and growth, customer A)Leading indicator B)Lagging indicator C)BSC performance perspectives

Correct Answer
verified

Which of the following statements about corporate social responsibility (CSR) is false?

Correct Answer
verified

List the four basic performance perspectives used in the balanced scorecard.

Correct Answer
verified
financial, internal ...
View Answer

Describe how sustainability efforts relate to CSR activities.

Correct Answer
verified
When CSR activities involve ensuring the...
View Answer

The index developed to help assess a company's sustainability efforts is the

Correct Answer
verified

AnaCarolina and Jaco, accountants for Duke Manufacturing, are tasked with determining appropriate performance metrics for the financial perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation?

Correct Answer
verified

Briefly explain the role of a strategy map in the balanced scorecard.

Correct Answer
verified
Strategy maps show the expecte...
View Answer

Managers can use CSR and sustainability information as important feedback to guide decision making in a variety of areas. Which of the following areas is least likely to be impacted by this feedback?

Correct Answer
verified

Exam 28: The Balanced Scorecard and Corporate Social Responsibility

Which of the following is not one of the elements of the balanced scorecard?

Correct AnswerverifiedShow Answer

Which of the following is not an eco-efficiency measure?

Correct AnswerverifiedShow Answer

Match the following descriptions with the correct term (a-c). -Financial, internal processes, learning and growth, customer A)Leading indicator B)Lagging indicator C)BSC performance perspectives

Correct AnswerverifiedShow Answer

Which of the following statements about corporate social responsibility (CSR) is false?

Correct AnswerverifiedShow Answer

List the four basic performance perspectives used in the balanced scorecard.

Correct Answerverifiedfinancial, internal ...View AnswerShow Answer

Describe how sustainability efforts relate to CSR activities.

Correct AnswerverifiedWhen CSR activities involve ensuring the...View AnswerShow Answer

The index developed to help assess a company's sustainability efforts is the

Correct AnswerverifiedShow Answer

AnaCarolina and Jaco, accountants for Duke Manufacturing, are tasked with determining appropriate performance metrics for the financial perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation?

Correct AnswerverifiedShow Answer

Briefly explain the role of a strategy map in the balanced scorecard.

Correct AnswerverifiedStrategy maps show the expecte...View AnswerShow Answer

Managers can use CSR and sustainability information as important feedback to guide decision making in a variety of areas. Which of the following areas is least likely to be impacted by this feedback?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
financial, internal ...
View Answer

Correct Answer
verified
When CSR activities involve ensuring the...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Strategy maps show the expecte...
View Answer

Correct Answer
verified