A Balanced Scorecard for a Responsibility Center

question 49

Multiple Choice

A balanced scorecard for a responsibility center:

• A) may reflect only one component of organizational success
• B) looks the same as those of other responsibility centers
• C) includes all performance measures for the center
• D) All of these answers are correct.

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Definitions:

Mechanic

A professional who repairs and maintains machinery, engines, and other mechanical equipment.

Mortgage

A mortgage is a legal agreement by which a bank or another creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Assignment

The transfer of rights, property, or obligations from one party to another.

Notice

A formal communication or announcement given to inform parties of legal actions, decisions, or the need for response, depending on specific legal or contractual requirements.