Understanding Key Performance Indicators Quiz
Authored by Linda McQuade
Professional Development
3rd Grade
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Key Performance Indicator (KPI)?
A secret code
A measure used to evaluate the success of an organization or of a particular activity
A type of computer software
A financial report
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of Key Performance Indicator?
Quantitative Indicators
Qualitative Indicators
Leading Indicators
Invisible Indicators
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are Key Performance Indicators important?
They help in making decisions
They are fun to calculate
They can only be used in sports
They make things more complicated
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should be considered when setting effective Key Performance Indicators?
They should be easy to understand
They should be relevant to the goal
They should be measurable
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a good KPI?
Complicated
Ambiguous
Actionable
Unmeasurable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Key Performance Indicators can be used to measure which of the following?
Performance of employees
Financial success
Achievement of strategic goals
All of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a Leading Indicator predict?
Past performance
Future performance
Current performance
None of the above
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