题目内容

世事洞明皆学问，（）。这句话出自《红楼梦》第五回。

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What is a standard hour?

An operating hour in which there are no exceptional events, eg. machine breakdowns
B.An hour during which only standard units
C. The amount of work achievable in an hour, working at standard efficiency levels
D. An hour during which only standard hourly rates are paid to labour

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A government body uses measures based upon the 'three Es' to the measure value for money generated by a publicly funded hospital. It considers the most important performance measure to be 'cost per successfully treated patient'.Which of the three E's best describes the above measure?

A. Economy
B. Effectiveness
C. Efficiency
D. Externality

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The following information is available for company X:20X7 20X8Profit7,500 9,000Sales50,000 450,000Capital employed37,500 60,000Calculate the change in ROI from 20X7 to 20X8.

A. Decrease from 20% to 15%
B. Increase from 1.5% to 2%
C. Increase from 7.5% to 13.3%
Decrease from 100% to 90%

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The following statements are about return on investment and residual income.(i) Return on investment is a relative measure(ii) Residual income is an absolute measure(iii) Return on investment and residual income are absolute measures(iv) Both return on investment and residual income involve a cost of capital figure, which is difficult to calculate Which statement/statements are true?

A. (iii) only
B.(iv) only
C. (i), (ii) and (iv) only
D.(iii) and (iv) only

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