Which of the following refers to measurements, agreed to beforehand, that can be quantified and reflect the success factors of an organization?
A)Key Performance Indicators
B)Acid-test ratio
C)Current ratio
D)Price-earnings ratio

Question

Quizplus · Accepted Answer

Key Performance Indicators (KPIs) are measurements that can be agreed to beforehand and quantified to reflect the success factors of an organization. The other options listed are financial ratios that reflect different aspects of a company's financial health but are not measurements agreed upon beforehand.

Which of the Following Refers to Measurements, Agreed to Beforehand