COST ACCOUNTING
BALANCED SCORECARDS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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financial
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Interna
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Client
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Action plan
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Detailed explanation-1: -We use these four perspectives – physical, emotional, mental and spiritual – to provide the foundation for a sense of wholeness, both as a concept and an experience.
Detailed explanation-2: -The four perspectives of a balanced scorecard are learning and growth, business processes, customer perspectives, and financial data. These four areas, which are also called legs, make up a company’s vision and strategy.
Detailed explanation-3: -The correct answer is b) External control perspective.
Detailed explanation-4: -The heart of the balanced scorecard is a framework of four major categories or perspectives for strategy implementation – financial, customer, internal business, and innovation and learning: The financial perspective asks how the organization should appear to shareholders so that the company can succeed financially.