In Terms of Motivation, One of the Balanced Scorecard's Strengths

question 79

Multiple Choice

In terms of motivation, one of the balanced scorecard's strengths is:

• A) Aligning individual goals with organisational strategies
• B) Convincing managers that the scorecard is more than a temporary fad
• C) Improved financial performance
• D) Having generally-defined objectives to increase motivation

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Definitions:

Credit Purchase

The acquisition of goods or services with an agreement to pay later, usually within an agreed period.

Recorded

The act of entering financial transactions into the accounting records of a business.

Bill Paid

An event where an obligation, often recorded as an accounts payable, is settled by paying the outstanding amount.

Accounts Receivable

Customer indebtedness to a company for the provision of goods or services that remain unpaid.