What the first step in selecting appropriate performance measures?
A)Decide on the level of relevance and urgency of feedback.
B)Decide on measurement alternatives for each performance measure.
C)Decide on components n each performance measure.
D)Decide on criteria targets against which to measure performance.
E)Identify and align accounting performance measures with financial goals.

Question

Quizplus · Accepted Answer

The first step in selecting appropriate performance measures is to identify and align them with the financial goals of the organization to ensure they support the overall strategic objectives.

What the First Step in Selecting Appropriate Performance Measures