In a Balanced Scorecard System, Which of the Following Is

question 25

Short Answer

In a balanced scorecard system, which of the following is not a performance measurement dimension? a. Short-term and long-term objectives.
B) "Hard" objective and "short" subjective measures of performance.
C) Past outcomes and forward looking measures of performance.
D) External and internal measures of performance.
E) All of the above are dimensions of performance measurement under a balanced scorecard approach.

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Definitions:

End-Of-Period Spreadsheet

A tool used in accounting to gather all the balances of ledger accounts to calculate adjustments and prepare financial statements at the end of an accounting period.

Closing Entry

A journal entry made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts, essentially resetting the temporary accounts for the new period.

Post-Closing

The final phase in the accounting cycle where accounts are prepared for the start of the next period, following the closing entries are made to reset temporary accounts.

Adjusted Trial Balance

A statement listing all accounts and their balances after adjustments, used to verify the equality of debits and credits before preparing financial statements.