COST ACCOUNTING
BALANCED SCORECARDS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The financial, customer, internal process and learning and growth perspective.
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The social, customer, operational process and learning and development perspective
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The financial perspective, the environment, the administrative process and learning and growth.
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The social, environmental, operational process and learning and development perspective
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Detailed explanation-1: -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-2: -The four perspectives of a traditional balanced scorecard are Financial, Customer, Internal Process, and Learning and Growth.
Detailed explanation-3: -A balanced scorecard is used to help in the strategic management of organizations. The balanced scorecard is anchored on four perspectives, which include financial, business process, customer, and organizational capacity. It enables entities to discover their shortcomings and come up with strategies to overcome them.
Detailed explanation-4: -The basic structure of a KPI scorecard includes four perspectives: financial, customer, internal process, and learning & growth. Each perspective is represented by a set of measurable goals or objectives.
Detailed explanation-5: -a strategic-based performance management system that typically identifies objectives and measures for four different perspectives: the financial perspective, the customer perspective, the process perspective, and the learning and growth perspective. those objectives and measures common to most organizations.