One of the Strengths of the Balanced Scorecard Is Its

question 70

Multiple Choice

One of the strengths of the balanced scorecard is its ability to provide guidance for improvements. Those improvements can be related to: $\begin{array}{llcc} \text { I } & \text { Cost reductions} \\ \text { II } & \text { Employee morale } \\ \text { III } & \text {Decision making }\\\end{array}$

• A) I and III only
• B) II and III only
• C) I and II only
• D) I, II, and III

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Definitions:

Operating Cash Flows

Cash generated from the core business operations of an entity, excluding financing and investing activities.

Total Liabilities

The combined debts and obligations that a company owes to entities outside of the company.

Cash Flow From Operations

The net amount of cash generated by a company's normal business operations.

Accounts Receivable Turnover

A measure of how efficiently a company collects credit sales, calculated by dividing net credit sales by the average accounts receivable.