BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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backlog information
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customer satisfaction indexes.
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reject rates on goods purchased
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All of the choices are non-financial measurements
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Detailed explanation-1: -Non-financial measurements include all of the following except. customer satisfaction indexes.
Detailed explanation-2: -Accordingly, a non-financial measures are performance indicators like units scrapped, setup time, customer satisfaction, service quality, and lead time are all non-financial measures.
Detailed explanation-3: -Non-financial data can include any type of data reported by the company, other than their finances. Factors like organizational culture or the company’s environmental impact are both examples of non-financial data.
Detailed explanation-4: -ESG Reporting Non-financial information is often defined as Environmental, Social, and Corporate Governance (ESG) information, referring to the three central components in measuring the sustainability and societal impact of a company.
Detailed explanation-5: -The financial account is the account of Financial Assets (such as loans, shares, or pension funds). The non-financial account deals with all the transactions that are not in financial assets, such as Output, Tax, Consumer Spending and Investment in Fixed Assets.