Reference no: EM132817486

Problem 1: Which of the following should NOT be included in implementing performance evaluation systems?

Multiple Choice

Option 1: Changing systems annually
Option 2: Fair and achievable measures
Option 3: Understandability
Option 4: Feedback and review

Problem 2: Which of the following is true of responsibility accounting?

Multiple Choice

Option 1: It suggests that costs, revenues, assets, and liabilities should be traced to the individual manager who is responsible for them.
Option 2: It suggests that managers should be held accountable for items that are both controllable and uncontrollable.
Option 3: Responsibility accounting suggests that local manager should be held responsible for the translation adjustment.
Option 4: It suggests that foreign subsidiaries should be held responsible for profitability of the parent companies.