In General, a Balanced Scorecard Is Used to Evaluate an Organization's

question 138

Multiple Choice

In general, a balanced scorecard is used to evaluate an organization's performance using:

• A) standard costs and variance analysis.
• B) multiple financial and nonfinancial measures.
• C) financial statements and ratio analysis.
• D) the Board of Directors' audit committee.

---

Definitions:

Northern Hemisphere

The half of Earth that is north of the equator, covering continents including North America, Europe, and most of Asia and Africa.

Southern Hemisphere

The half of Earth that lies south of the equator.

Rainshadow

A dry area on the leeward side of a mountainous area, where precipitation is significantly reduced due to the blocking of moist air and precipitation by the mountains.

Subtropics

Regions of the Earth immediately adjacent to the tropics, characterized by hot, often humid summers and mild to warm winters.