Ch 11: Performance Measurement in Accounting

About This Chapter

Get better grades, a higher test score or the course credit you want by using this chapter's resources to strengthen your understanding of performance measurement in accounting. Enjoy access to short lessons, mini quizzes and more from any location with an Internet connection.

Performance Measurement in Accounting - Chapter Summary

Refresh your knowledge of performance measurement concepts you haven't explored in awhile without setting foot in a classroom. This chapter brings the lessons to your computer or mobile device, enabling you to study this subject area in a secure, online environment. Examine lessons that review various forms of analysis, residual income and more. When finished, you will be able to do the following:

  • Define product profitability analysis, and discuss its uses, advantages and disadvantages
  • Explain the meaning and basics of business unit profitability analysis
  • Share advantages and disadvantages of customer profitability analysis
  • Discuss the definition of and formula for return on investment
  • Provide two definitions of residual income
  • List key performance indicators in program management
  • Describe the balanced scorecard and how it is used by businesses

Don't search the Internet for study resources when you can find all you need to know about performance measurement in one place! This chapter's lessons give you a quality understanding, while short lesson quizzes confirm your comprehension. The Ask Our Experts feature allows you to submit lesson topic questions to our experts when you need additional details. The practice exam ensures you understand concepts covered in each lesson of this chapter.

7 Lessons in Chapter 11: Performance Measurement in Accounting
Test your knowledge with a 30-question chapter practice test
Product Profitability Analysis: Definition & Examples

1. Product Profitability Analysis: Definition & Examples

This lesson will discuss profitability on a per-product basis. We will define product profitability analysis, provide examples, benefits and disadvantages of the process.

Business Unit Profitability Analysis: Definition & Examples

2. Business Unit Profitability Analysis: Definition & Examples

It is the goal of a business to make a profit, but how can we determine the impacts of individual units on the bottom line? This lesson will discuss methods for analyzing business unit profitability and provide examples.

Customer Profitability Analysis: Definition & Examples

3. Customer Profitability Analysis: Definition & Examples

Would a business ever want to 'fire' a customer? In this lesson, we'll discuss customer profitability analysis, including its advantages and disadvantages and we'll provide usage examples.

Return on Investment: Definition, Formula & Example

4. Return on Investment: Definition, Formula & Example

Return on investment is a crucial analytical tool used by both businesses and investors. In this lesson, you'll learn the basic formula, discover a variant used for shareholders, and be provided examples.

What Is Residual Income? - Definition, Model & Formula

5. What Is Residual Income? - Definition, Model & Formula

Residual income is a highly attractive way to earn money. This lesson discusses two definitions of residual income and gives many examples of how residual income is earned.

Key Performance Indicators in Program Management

6. Key Performance Indicators in Program Management

Key performance indicators help a company determine how well it is doing in reaching its goals and objectives. In this lesson, you will learn about key performance indicators and how to evaluate them.

The Balanced Scorecard Strategy

7. The Balanced Scorecard Strategy

Many businesses use a balanced scorecard in everyday operations. In this lesson, we'll see what a balanced scorecard is and how and why it is used by businesses. We will also review a few examples.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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