COST ACCOUNTING
BALANCED SCORECARDS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What are the prospects for the Balanced Scorecard?
|
|
Financial, process and customer
|
|
|
Financial, social, process and learning
|
|
|
Financial, customer, learning and growth
|
|
|
Financial, customer, process and learning and growth
|
Explanation:
Detailed explanation-1: -It provides feedback around both the internal business processes and external outcomes in order to continuously improve strategic performance and results. When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise.
Detailed explanation-2: -The Learning and Growth Perspective is a part of the balanced scorecard that refers to intangible assets (e.g., employee skills and abilities) that are required to maintain internal processes in the organization.
Detailed explanation-3: -The four perspectives of a traditional balanced scorecard are Financial, Customer, Internal Process, and Learning and Growth.
There is 1 question to complete.