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_____ are an example of activity-based performance measures. a.Organizational unit budgets b.Process-oriented standards c.Static standards d.Currently...

_____ are an example of activity-based performance measures.

a.Organizational unit budgets

b.Process-oriented standards

c.Static standards

d.Currently attainable standards

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Answer #1

The correct option is b) Process-oriented standards.

All the other three i.e. Organizational unit budgets, Static standards, and Currently attainable standards are examples of Financial based measures.

Performance measures are the benchmarks that are decided to measure the performance. The performance measures can be defined in two ways one is Financial measure and the other one is Activity-based measure. Budgeting and standard costing are the main ways for the financial-based system.

Activity-based measures, on the other hand, are based on process attributes like quality, time and efficiency.

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