A chain of supermarkets compares the performance of its fleet of delivery lorries with that of a successful company that delivers goods by road.Which type of benchmarking is it using?

1 .The following statements relate to managerial incentive schemes:(1) The primary objective of a reward scheme is to motivate managers to achieve organisational objectives.(2) A good reward scheme is which is objective, unbiased and consistently applied.(3) All rewards are tangible and have a monetary value.Which statements are true?

A 1 and 2 only B 1 and 3 only C 2 and 3 only D 1, 2 and 3

题型: 单选题 提问时间: 2021-08-22

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2 .Which of the following are types of incentive schemes?(1) Profit-related pay schemes(2) Share option schemes(3) Retirement benefit schemes(4) Individual bonuses.

A 1, 2 and 3 only B 1, 2 and 4 only C 1, 3 and 4 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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3 .A division earns an annual operating profit of USD200,000 and has a return on investment of 20% per annum.What is its residual income at an imputed interest rate of 15% per annum?

A USD10,000 B USD30,000 C USD50,000 D USD66,666

题型: 单选题 提问时间: 2021-08-22

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4 .Which of the following costs would be considered to be the responsibility of the manager of a profit centre? (1) Direct labour(2) Variable production overhead(3) Imputed interest on capital invested(4) Depreciation on machinery

A 1 and 2 only B 1, 2 and 3 only C 1, 2, 3 and 4 D 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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6 .A division earns a residual income of USD200,000. The imputed interest charge is USD150,000 and its cost of capital is 20% per annum.What is the division’s return on capital employed?

A 5.3% B 6.7% C 26.7% D 46.7%

题型: 单选题 提问时间: 2021-08-22

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7 .Which term is applied to management’s ability to monitor and supervise expenditure in order to ensure that organizational objectives are achieved?

A Cost control B Cost reduction C Cost allocation D Cost absorption

题型: 单选题 提问时间: 2021-08-22

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8 .Which of the following is a feasible value for the correlation coefficient?

A – 2.0 B – 1.2 C 0 D + 1.2

题型: 单选题 提问时间: 2021-08-22

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