Of the following performance measures, which would be regarded as financial?
A) Rate of on-time delivery.
B) Units reworked.
C) Material price variance.
D) Defective units returned.

Name: Of the following performance measures, which would be regarded as financial? A) Rate of on-time delivery. B) Units reworked. C) Material price variance. D) Defective units returned.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Material price variance is a financial measure as it relates to the cost of materials and how it compares to budgeted or standard costs.

Of the Following Performance Measures, Which Would Be Regarded as Financial