ACCT 3130 MODULE 5 ADDITIONAL PRACTICE QUESTIONS ANSWERED CORRECTLY LATEST 2026
Which of the following are considered a prescriptive analytics technique? - Answers Crosstabulation
Analyzing Past Performance
What would you consider to be an operational KPI? - Answers Inventory Shrinkage Rate
What does KPI stand for? - Answers Key performance indicator
The most important KPIs should be placed in the _____________ corner of the page even if we are
not following a strategy map template. - Answers Top Left
According to the text, which of these are helpful in refining a dashboard? - Answers 1. Which metric
are you using most frequently to help you make decisions?
2. Are you downloading the data to do any additional analysis after working with the dashboard, and
if so, can the dashboard be improved to save those extra steps?
3. Are there any metrics that you do not use? If so, why aren't they helpful?
On a Balanced Scorecard, what is included as a component? - Answers 1. Financial Performance
2. Customer/Stakeholder
3. Internal Process
Which of the following would be considered to be a diagnostic analytics technique in managerial
accounting? - Answers Price and Rate Variance Analysis
What is defined as an interactive report showing the most important metrics to help users understand
how a company or an organization is performing? - Answers Digital dashboard
What would you consider to be a prescriptive analytics technique in management accounting? -
Answers Capital Budgeting
What would you consider to be a diagnostic analytics technique in management accounting? -
Answers Computation of Rate Variances
Managerial Accounting Questions for Descriptive Analytics - Answers How much did Job #318 cost
per unit?
Managerial Accounting Questions for Diagnostic Analytics - Answers What is driving the rate variance
on manufacturing?
What is the level of fixed and variable costs for the manufacture of Product 317?
Managerial Accounting Questions for Prescriptive Analytics - Answers How can revenues be
maximized (or costs be minimized) if there is an increase in VAT tax in Ireland?
Managerial Accounting Questions for Predictive Analytics - Answers What is the appropriate cost
driver?
What is the forecasted cash balance at the end of September?
KPI Type for Brand Equity - Answers Marketing
KPI Type for Project Cost Variance - Answers Operational
KPI Type for Waste Reduction Rate - Answers Environmental and Social Sustainability
KPI Type for EBITDA - Answers Financial Performance
KPI Type for 360-Degree Feedback - Answers Employee
KPI Type for Net Promoter Score - Answers Customer
KPI Type for Time to Market - Answers Operational
What is considered to be financial performance KPI's? - Answers 1. Net Income (Net Profit)
2. Cash Conversion Cycle (CCC)
3. Gross Profit Margin
4. Net Profit Margin
5. Working Capital Ratio
What is considered to be an employee performance KPI's? - Answers 1. Revenue per Employee
2. Human Capital Value Added (HCVA)
3. Employee Satisfaction Index
4. Staff Advocacy Score
5. Employee Engagement Level
What is considered to be a marketing performance KPI's? - Answers 1. Conversion Rate
2. Cost per Lead
3. Page Views and Bounce Rate
4. Brand Equity
5. Customer Online Engagement Level
Which of the following are considered a prescriptive analytics technique? - Answers Crosstabulation
Analyzing Past Performance
What would you consider to be an operational KPI? - Answers Inventory Shrinkage Rate
What does KPI stand for? - Answers Key performance indicator
The most important KPIs should be placed in the _____________ corner of the page even if we are
not following a strategy map template. - Answers Top Left
According to the text, which of these are helpful in refining a dashboard? - Answers 1. Which metric
are you using most frequently to help you make decisions?
2. Are you downloading the data to do any additional analysis after working with the dashboard, and
if so, can the dashboard be improved to save those extra steps?
3. Are there any metrics that you do not use? If so, why aren't they helpful?
On a Balanced Scorecard, what is included as a component? - Answers 1. Financial Performance
2. Customer/Stakeholder
3. Internal Process
Which of the following would be considered to be a diagnostic analytics technique in managerial
accounting? - Answers Price and Rate Variance Analysis
What is defined as an interactive report showing the most important metrics to help users understand
how a company or an organization is performing? - Answers Digital dashboard
What would you consider to be a prescriptive analytics technique in management accounting? -
Answers Capital Budgeting
What would you consider to be a diagnostic analytics technique in management accounting? -
Answers Computation of Rate Variances
Managerial Accounting Questions for Descriptive Analytics - Answers How much did Job #318 cost
per unit?
Managerial Accounting Questions for Diagnostic Analytics - Answers What is driving the rate variance
on manufacturing?
What is the level of fixed and variable costs for the manufacture of Product 317?
Managerial Accounting Questions for Prescriptive Analytics - Answers How can revenues be
maximized (or costs be minimized) if there is an increase in VAT tax in Ireland?
Managerial Accounting Questions for Predictive Analytics - Answers What is the appropriate cost
driver?
What is the forecasted cash balance at the end of September?
KPI Type for Brand Equity - Answers Marketing
KPI Type for Project Cost Variance - Answers Operational
KPI Type for Waste Reduction Rate - Answers Environmental and Social Sustainability
KPI Type for EBITDA - Answers Financial Performance
KPI Type for 360-Degree Feedback - Answers Employee
KPI Type for Net Promoter Score - Answers Customer
KPI Type for Time to Market - Answers Operational
What is considered to be financial performance KPI's? - Answers 1. Net Income (Net Profit)
2. Cash Conversion Cycle (CCC)
3. Gross Profit Margin
4. Net Profit Margin
5. Working Capital Ratio
What is considered to be an employee performance KPI's? - Answers 1. Revenue per Employee
2. Human Capital Value Added (HCVA)
3. Employee Satisfaction Index
4. Staff Advocacy Score
5. Employee Engagement Level
What is considered to be a marketing performance KPI's? - Answers 1. Conversion Rate
2. Cost per Lead
3. Page Views and Bounce Rate
4. Brand Equity
5. Customer Online Engagement Level
