Please solve this problem The following is a list of terms related to performanc
ID: 2559526 • Letter: P
Question
Please solve this problem
The following is a list of terms related to performance evaluation. Customer perspective Internal process perspective Ideal standards 5. 1. Balanced scorecard 2 Variance 3. Learning and growth perspective 7. 4. Nonfinancial measures 6. 8. Normal standards Match each of the following descriptions with one of the terms above. (a) The difference between total actual costs and total standard costs. (b) An efficient level of performance that is attainable under expected operating conditions. (c) An approach that incorporates financial and nonfinancial measures in an integrated system that links performance measurement and a company's strategic X (d) A viewpoint employed in the balanced scorecard to evaluate how well a company develops and retains its employees. (e) An evaluation tool that is not based on dollars. (f) A viewpoint employed in the balanced scorecard to evaluate the company from the perspective of those people who buy its products or services (g) An optimum level of performance under perfect operating conditions. (h) A viewpoint employed in the balanced scorecard to evaluate the efficiency and effectiveness of the company's value chain. Varlance Normal standards Internal process perspective goals. Customer perspective Varlance Balanced scorecard Ideal standards Learning and growth perspective Internal process perspective Nonfinancial measures Normal standards LINK TO TEXT LINK TO TEXTExplanation / Answer
a)The difference between total actual costs and total standard costs
2)variance
b)An efficient level of performance that is attainable under expected operating conditions
8)normal standards
c)An approach that incorporates financial and nonfinancial measures in an integrated system that links performance measurement and a company’s strategic goals
1)balanced scorecard
d)A viewpoint employed in the balanced scorecard to evaluate how well a company develops and retains its employees
3)learning and growth perspective
e)An evaluation tool that is not based on dollars
4)non financial measures
f)A viewpoint employed in the balanced scorecard to evaluate the company from the perspective of those people who buy and use its products or services.
5)customer perspective
g)An optimum level of performance under perfect operating conditions
7)ideal standards
h)A viewpoint employed in the balanced scorecard to evaluate the efficiency and effectiveness of the company’s value chain
6)internal process perspective
a)The difference between total actual costs and total standard costs
2)variance
b)An efficient level of performance that is attainable under expected operating conditions
8)normal standards
c)An approach that incorporates financial and nonfinancial measures in an integrated system that links performance measurement and a company’s strategic goals
1)balanced scorecard
d)A viewpoint employed in the balanced scorecard to evaluate how well a company develops and retains its employees
3)learning and growth perspective
e)An evaluation tool that is not based on dollars
4)non financial measures
f)A viewpoint employed in the balanced scorecard to evaluate the company from the perspective of those people who buy and use its products or services.
5)customer perspective
g)An optimum level of performance under perfect operating conditions
7)ideal standards
h)A viewpoint employed in the balanced scorecard to evaluate the efficiency and effectiveness of the company’s value chain
6)internal process perspective