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WorksheetsKPI Basics Quiz
Total questions: 15
Worksheet time: 8mins
Name
Class
Date
1.
What does KPI stand for?
a)
Key Point Indicator
b)
Key Performance Indicator
c)
Known Predictive Insight
d)
Knowledge Performance Index
2.
A KPI is a measurable value tied to a (a) goal.
3.
What is the main difference between a KPI and a metric?
a)
KPIs are longer
b)
KPIs are always financial
c)
KPIs link to goals
d)
Metrics are more accurate
4.
What’s the benefit of using KPIs?
a)
Add complexity
b)
Reduce reporting time
c)
Increase errors
d)
Track progress
5.
KPI dashboards help teams stay (a) and aligned.
6.
Which KPI measures product availability?
a)
Stock rate
b)
Purchase cost
c)
Shortage rate
d)
Refund rate
7.
Which of the following best describes a reporting analysis?
a)
Explores new hypotheses
b)
One-time use
c)
Ongoing KPI tracking
d)
Manual review
8.
To find the shortage rate, divide out-of-stock products by (a) .
9.
Which step comes right after identifying the data you need?
a)
Visualizing
b)
Cleaning
c)
Importing
d)
Summarizing
10.
To get reliable KPIs, your data must be clean and (a) .
11.
Which of the following issues would you explore with ad hoc analysis?
a)
Monthly revenue
b)
Sudden margin drop
c)
Product count
d)
Weekly cost trend
12.
Which KPI formula includes logistics and shipping costs?
a)
Revenue
b)
Gross margin
c)
Net margin
d)
Operating margin
13.
A good data analysis process starts by asking the right (a) .
14.
What’s a sign your KPI data may be unreliable?
a)
Rounded numbers
b)
High margins
c)
Missing values
d)
Long text entries
15.
Data cleaning includes removing duplicates and standardizing (a) .
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