Key performance indicators or KPI
What do you mean by the term key performance indicators or KPI? Explain in brief?
Expert
Key performance indicators or KPIs: These comprise the traditional financial measures like return on capital used. KPIs now, though, usually comprise a significant proportion of non-financial indicators to aid assess the prospects of long-term success. To assist decision making, the management accountant has rousingly shouldered responsibility for reporting the non-financial measures concerning quality, product innovation, product cycle times, delivery times and so forth.
Write a short note on the main working areas of the Routing and personnel department?
Write a short note on why wealth creation is a longer-term concept?
Write down a short note on determining costs and benefits in decision making process?
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
Normal 0
Write a short note on Not-for-profit organizations?
Fixed Cost: The cost which does not differ in the short term with the volume of action. Fixed cost information is helpful for cost savings by regulating existing capacity, or by removing idle facilities. Also termed as Non-Variable Cost or the Constan
Cost Finding: Cost finding methods generate cost data by analytical or sampling techniques. Cost finding methods are suitable for certain type of costs, like indirect costs, items with costs underneath set thresholds in the programs,
Write a short note on the changing responsibilities of the management accountant?
Identify and evaluate the strategic options in brief?
18,76,764
1938477 Asked
3,689
Active Tutors
1439667
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!