What Are the Four Primary Perspectives of the Balanced Scorecard

question 3

Essay

What are the four primary perspectives of the balanced scorecard

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Definitions:

Budgeted Sales

Projected or estimated sales for a future period, usually based on past sales data, market analysis, and growth projections.

Master Budget

A comprehensive financial plan for a company's future operations, including multiple subsidiary budgets.

Selling Expense

Expenses directly associated with the sale of a product or service, including advertising, sales commissions, and promotional materials.

Credit Sales

Sales made on credit, where the customer agrees to pay at a future date.