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1.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
2. Which of the following statements are true?
(i) Non-financial performance indicators are less likely to be manipulated than financial ones
(ii) Non-financial performance indicators offer a means of counteracting short-termism
(i) and (ii) are true
(i) and (ii) are false
(i) is true and (ii) is false
(i) is false and (ii) is true
