Which of the following are financial measures of performance?
1. Controllable margin
2. Product quality
3. Labor productivity
A) 1
B) 2
C) 3
D) 1 and 3

Question

Which of the following are financial measures of performance?
1.	Controllable margin
2.	Product quality
3.	Labor productivity
A)	1
B)	2
C)	3
D)	1 and 3

Quizplus · Accepted Answer

Controllable margin is a financial measure of performance, reflecting the income or profit that managers can directly influence by controlling costs and expenses. Product quality and labor productivity, while important for overall performance, are not financial measures.

Which of the Following Are Financial Measures of Performance