Which of the Following Statements About a Balanced Scorecard Is

question 10

Multiple Choice

Which of the following statements about a balanced scorecard is true?

• A)The balanced scorecard gives managers a perspective of the organization's performance using a recurring set of criteria.
• B)The advantage of a balanced scorecard approach is that it can best be used as a single, comprehensive measure of corporate performance.
• C)The advantage of a balanced scorecard approach is that it eliminates the need for management accounting data.
• D)The advantage of a balanced scorecard approach is that it leads management to focus exclusively on critical downstream issues such as consumer demand, and away from lesser upstream issues such as design and production.

---

Definitions:

Project Profile

A comprehensive overview or summary of a project, including its objectives, scope, participants, and significant milestones.

Clarity Of Objectives

The extent to which the goals and aims of a project or task are clearly defined and understandable.

External Attributes

Characteristics or features of a product, system, or process that are apparent and significant to the end-user or customer.

Internal Attributes

Characteristics or features inherent to an organization, product, or process that are not outwardly visible.