COST ACCOUNTING
BALANCED SCORECARDS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An indicator of the financial perspective would be:
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failure costs
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Customer satisfaction
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investment return
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Explanation:
Detailed explanation-1: -Profitability-Is your business making enough profit compared to other similar companies? Liquidity-Can the company meet its short-term obligations? Leverage-Is the company taking advantage of financing to operate and grow? Activity-Are you managing the assets of the company effectively?
Detailed explanation-2: -Return on investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.
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