(Solved): 8. A national firm of chartered accountants wishes to introduce key performance indicators (KPIs) ...

8. A national firm of chartered accountants wishes to introduce key performance indicators (KPIs) to monitor the financial performance of individual offices. Which two of the following would make the most appropriate KPIs? A Names of new clients secured B Number of staff hours charged out to clients C. Average age of office partners D Square footage of the office E Value of fee notes issued 13. The management accountant of FixltNow Ltd has correctly selected the operational plan which will maximise profit for the next month, assuming that 3,500 labour hours are available from its service engineers: Selling price. Less: Labour (at £14 per hour) Materials Other costs Gas Service £ per unit 156 OA. £7,600 OB. £9,000 OC. £9,867 OD. £12,333 42 28 12 Electric Service £ per unit 99 28 14 12 82 Contribution 74 Maximum demand (units) 700 If the company contracts to pay £7,000 for a fixed block of 500 additional hours and these were also allocated optimally, profit for the month would be expected to increase by 54 45 900 14. To use the Net Present Value (NPV) method of capital budgeting, one could calculate the present value of all the future net cash flows of an investment discounted at its cost of capital, and then subtract which one of the following? OA. The salvage value OB. The present value of the salvage value OC. The initial cost of the investment OD. The initial cost of the investment less the present value of the salvage value