In Evaluating the Business Perspective Under the Balanced Scorecard Approach

question 5

Multiple Choice

In evaluating the business perspective under the balanced scorecard approach, possible measures that could be employed are:

• A) percentage of systems automated.
• B) percentage of production completed which meets the set standards.
• C) production days lost.
• D) all of the above.

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Definitions:

Cash Received

The total amount of money, including cash, checks, and electronic transfers, that is received by a business during a specified period.

Accounting

The information system that identifies, records, and communicates the economic events of an organization to interested users.

Revenue Account

An account that tracks the income generated from normal business operations, such as sales of goods or services.