Almond,Inc

question 95

Multiple Choice

Almond,Inc.uses a balanced scorecard.One of the measures on the scorecard is the average age of raw materials inventory.Which balanced scorecard perspective would this measure most likely fit into?

• A)Customer perspective
• B)Learning and growth perspective
• C)Internal business perspective
• D)Financial perspective

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Operating Activities

Activities that relate to the day-to-day functions of a company involved in producing and selling its goods and services.

Cash Flow From Financing

This represents the net flows of cash that are used to fund a company, including debt, equity, and dividend payments.

Cash Flow From Extraordinary Events

The cash generated or used by a company from events that are unusual, infrequent, and not likely to happen in the foreseeable future.